SYDNEY —Billabong International Ltd has reported a first-half record loss that is bigger than its market cap.
The Gold Coast-based surfwear manufacturer said Friday it posted a net loss of 537 million Australian dollars, or $550.19 million, for the six months ending Dec. 31. That compares with a 16.1 million Australian dollar, or $16.5 million, profit from the same period a year ago.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"