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  4. Billabong
Billabong logo
Sports

Who Owns Billabong?

Billabong is owned by Authentic Brands Group, a privately owned brand management company founded by Jamie Salter in 2007. ABG acquired Billabong through its $1.25 billion acquisition of Boardriders in 2023. Authentic Brands Group is headquartered in New York City and operates through brand licensing partnerships rather than direct manufacturing.

Parent Company

Authentic Brands Group

Acquired

2023

Status

Private

Headquarters

Gold Coast, Queensland, Australia

Billabong Timeline

1973

Billabong

Founded by Gordon Merchant, Rena Merchant

Founded
2023
Acquired by Authentic Brands Group

Authentic Brands Group acquired Billabong

Acquired
mid rangepremiumGlobalunisexsustainable materialsethical manufacturingocean protectionrecycled fabricscarbon reductionwater conservationOfficial Website

Who Owns Billabong?

  • Parent Company: Authentic Brands Group
  • Ownership Type: Wholly owned
  • Acquisition Year: 2023
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
BillabongAuthentic Brands GroupWholly owned

Where to Buy

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AmazonBillabong on Amazon

History of Billabong

  • Founded: 1973
  • Founders: Gordon Merchant, Rena Merchant
  • Acquired by Authentic Brands Group: 2023

Billabong was founded in 1973 by Gordon and Rena Merchant on Australia's Gold Coast. The couple started by making boardshorts in their garage, designing them specifically for the local surfing community. The name Billabong comes from the Aboriginal Australian word meaning "creek water" or "waterhole," reflecting the brand's connection to Australian surf culture. This humble beginning demonstrated the Merchants' exceptional ability to identify a market need within their local surfing community while creating products that would eventually define Australian surf culture and gain international recognition.

Throughout the 1970s and 1980s, Billabong grew from a local surf brand to an international surf lifestyle company. The brand expanded its product lines to include wetsuits, surfboards, and comprehensive apparel collections for men, women, and children. Billabong became deeply embedded in Australian surf culture and gained recognition globally. This period of growth demonstrated Billabong's ability to leverage its authentic surf heritage while expanding into broader lifestyle categories that could appeal to a global audience interested in beach culture and action sports.

In the 1990s and 2000s, Billabong expanded internationally, establishing operations in North America, Europe, and Asia. The company acquired complementary brands including Element (2001) and Von Zipper (2004), becoming a major player in the global action sports market. Billabong sponsored professional surfers and major surfing events, strengthening its connection to surf culture. This strategic expansion demonstrated Billabong's ability to build a global brand while maintaining its authentic connection to surf culture through strategic sponsorships and acquisitions that complemented its core brand identity.

However, financial challenges, increased competition, and changing retail landscapes led to Billabong facing significant financial difficulties in the 2010s. The company went through multiple ownership changes and restructuring efforts before being folded into Boardriders, Inc., the corporate parent that also controlled Quiksilver and DC Shoes. Authentic Brands Group agreed to acquire Boardriders' full brand portfolio, including Quiksilver, Billabong, Roxy, RVCA, DC Shoes, and Element, and closed that acquisition in 2023 for approximately $1.25 billion.

ABG's ownership model separates brand ownership from retail operations. Initially, ABG partnered with Liberated Brands to run Billabong's physical and online retail. Liberated Brands filed for bankruptcy in February 2025, disrupting store operations and e-commerce for Billabong, Quiksilver, and related brands in several markets. ABG subsequently signed new regional operating partners, including BR South Pacific for Quiksilver, Billabong, Roxy, and RVCA across Australia, New Zealand, and the South Pacific in 2025, and expanded a separate partnership with Boardriders Japan to include additional ABG surf and outdoor brands. ABG itself retains ownership of the Billabong trademark, design direction, and brand strategy throughout these partner transitions.

About Authentic Brands Group

What does Authentic Brands Group own?
ABG owns over 50 brands including Reebok, Champion, Guess (majority stake acquired January 2026), Dockers (acquisition agreed May 2025), Forever 21, Juicy Couture, Nautica, Quiksilver, Billabong, DC Shoes, Roxy, RVCA, Element, Sports Illustrated, and entertainment licensing rights for Marilyn Monroe, Elvis Presley, and Muhammad Ali, among others.

Is Authentic Brands Group publicly traded?
No. ABG is a privately held company and has not pursued a public listing as of 2026. The company has been valued at over 20 billion dollars in private funding discussions.

Who founded Authentic Brands Group?
ABG was founded in 2007 by Jamie Salter, who serves as Chairman and CEO. Salter built the company through acquisitions of heritage consumer brands and the development of a licensing-based business model.

Where is Authentic Brands Group headquartered?
ABG is headquartered in New York City, New York.

How does Authentic Brands Group make money?
ABG earns royalties from licensees who manufacture and sell products under ABG's brand names. Licensees pay royalties calculated as a percentage of net sales. ABG does not manufacture products or hold inventory directly. The company's portfolio generates an estimated 30 billion dollars or more in annual retail sales globally.

What is ABG's most recent major acquisition?
In January 2026, ABG completed the acquisition of a majority stake in Guess, valuing the brand at approximately 1.4 billion dollars. In May 2025, Levi Strauss agreed to sell the Dockers brand to ABG for 311 million dollars. In 2024, ABG acquired Champion from Hanesbrands for approximately 1.2 billion dollars.

Did Forever 21 go bankrupt again?
Yes. In 2025, Forever 21 filed for Chapter 11 bankruptcy again and announced plans to close all U.S. stores. The brand was acquired by ABG, Simon Property Group, and Brookfield from bankruptcy in 2020 but continued to face headwinds from fast fashion competition and changing consumer preferences.

  • Founded: 2007
  • Headquarters: New York City, New York, United States
  • Company Type: Privately Held
  • Revenue: Estimated 700 million dollars+ (FY2024, licensing revenue)
  • Employees: Approximately 3,000

Visit Authentic Brands Group website

View full company profile for Authentic Brands Group

Where Is Billabong Made / Based?

  • Headquarters: Gold Coast, Queensland, Australia
  • Manufacturing / Operations: Global licensing partners, Third-party manufacturers, International production network

Billabong Categories & Tags

Surf BrandSwimwearBeach CultureAction SportsAustralian BrandApparel

Billabong Sustainability & Ethics

Billabong operates under Authentic Brands Group's sustainability framework while maintaining its own comprehensive environmental and ethical programs focused on protecting ocean environments and reducing the environmental impact of surf and action sports products. As a surf lifestyle brand with deep connections to beach and ocean culture, Billabong's sustainability efforts emphasize sustainable materials, ocean protection, ethical manufacturing, and circular economy principles.

Sustainable Materials Leadership: Billabong has achieved significant milestones in sustainable materials usage, with more than 50% of all inline products made from recycled and more sustainable materials. This includes in-water products, submersible walkshorts, and Adventure Division items using recycled PET, organic cotton, and recycled nylon. The Adventure Division exceeds this target with more than 70% of products made from recycled or sustainable materials, including recycled PET, organic cotton, recycled down, and recycled nylon. All snow outerwear products are made from 100% recycled PET, demonstrating comprehensive commitment to material sustainability across product categories.

Ocean Protection and Environmental Stewardship: Billabong prioritizes protecting the places where surf communities play, implementing comprehensive programs to minimize environmental impact on ocean and coastal environments. The company's sustainability promise focuses on finding better solutions to reduce the footprint of products while supporting the health of marine ecosystems. Billabong's ocean protection initiatives include partnerships with environmental organizations, support for beach cleanup programs, and investments in marine conservation projects that align with the brand's surf culture heritage.

Hemp Collection and Natural Materials: Billabong has developed innovative hemp collections that utilize sustainable natural fibers as alternatives to conventional materials. Hemp requires less water and fewer pesticides than traditional cotton while providing durable, biodegradable fabric options for surf apparel and accessories. The company's investment in hemp and other natural materials demonstrates commitment to developing more sustainable product alternatives that reduce environmental impact while maintaining performance standards for surf and action sports.

Furnace Natural Wetsuits Innovation: Billabong's Furnace Natural wetsuits represent breakthrough innovation in sustainable surf equipment, utilizing natural and bio-based materials to reduce environmental impact while maintaining performance standards for water sports equipment. These wetsuits incorporate sustainable materials and manufacturing processes that address the environmental challenges traditionally associated with neoprene and synthetic wetsuit materials, supporting the company's commitment to product sustainability in core surf categories.

Ethical Manufacturing and Supply Chain: Billabong operates under the Boardriders Ethical Standards of Trade (BEST) program, which establishes comprehensive ethical guidelines for suppliers and manufacturing partners. The company maintains a code of conduct that applies to all suppliers and subcontractors, conducting compliance assessments through informal visits and third-party audits. Billabong stands against abusive, exploitative, illegal, or unsafe workplace conditions and utilizes the BEST program as a guide for managing labor and safety issues throughout its global supply chain.

Packaging Sustainability Goals: Billabong has committed to making 100% of polybags used to protect products from 100% consumer waste by the end of 2023, addressing plastic waste concerns in product packaging. The company continues to develop sustainable packaging solutions that reduce environmental impact while protecting products during shipping and retail display, supporting broader circular economy initiatives in the surf and action sports industry.

Transparency and Carbon Footprint Tracking: Billabong publishes its global footprint score and sets long-term, trackable targets for carbon footprint and emissions reduction. The company's transparency initiatives enable stakeholders to monitor progress toward sustainability goals while driving accountability for environmental performance across all operations and product categories.

Future Sustainability Targets: Billabong has established ambitious sustainability goals including 100% of swimwear and wetsuit ranges made with certified recycled, organic, or responsibly sourced materials by the end of 2023, and 50% of apparel and accessories made with certified recycled, organic, regenerative, or responsibly sourced materials by the end of 2025. These targets demonstrate the company's commitment to comprehensive sustainability transformation across its product portfolio.

Community Engagement and Surf Culture Support: Billabong supports surf communities through environmental education, beach cleanup initiatives, and partnerships with organizations that protect coastal environments. The company's community engagement programs reflect its commitment to preserving surf culture and protecting the natural environments that are essential to the surfing lifestyle and community.

Awards & Recognition

Billabong has received recognition for its contributions to surf culture, brand heritage, and community engagement within the action sports industry, though specific awards are typically part of broader surf industry and business recognition programs.

Surf Industry Recognition: Billabong has been acknowledged for its pioneering role in surf culture and its contributions to the development of the global surf industry. The brand's authentic connection to surfing heritage and beach culture has been recognized by surf organizations and industry publications.

Brand Heritage Awards: Billabong's Australian heritage and Gold Coast origins have received acknowledgment as an iconic surf brand with significant cultural impact. The company's role in popularizing surf culture globally has been recognized by business and cultural organizations.

Community Service Recognition: Billabong's support for surf communities and environmental initiatives has received acknowledgment from surfing organizations and environmental groups. The company's sponsorship of surfing events and community programs has been recognized for its positive impact on local communities.

Business Achievement Awards: Billabong has received recognition for business achievements including brand development, international expansion, and successful navigation of changing retail environments. The company's adaptation to evolving consumer preferences and market conditions has been acknowledged by retail and business organizations.

Marketing and Design Recognition: Billabong's marketing campaigns and product design have received recognition within the action sports and fashion industries. The company's ability to maintain brand relevance while adapting to changing trends has been acknowledged by marketing and design organizations.

Billabong Recalls & Controversies

Billabong has faced typical challenges in the surf and apparel industry including financial difficulties, supply chain issues, and market competition, though no major controversies have significantly damaged the brand's core surf culture identity.

Financial Difficulties and Restructuring: Billabong faced significant financial challenges in the 2010s, including debt issues and declining sales that led to restructuring and ownership changes. The company's financial struggles were part of broader challenges facing traditional surf brands during the transition to fast fashion and changing consumer preferences.

Supply Chain and Manufacturing Issues: Like many apparel brands, Billabong has faced challenges related to global supply chain disruptions, manufacturing quality control, and supplier relationships. The company has worked to improve supply chain resilience and maintain product quality standards across its global manufacturing network.

Market Competition and Brand Positioning: Billabong has faced intense competition from fast fashion brands, other surf companies, and changing consumer preferences in the action sports market. The company has had to adapt its brand positioning and product offerings to maintain relevance in a competitive retail environment.

Ownership Changes and Strategic Direction: Billabong's multiple ownership changes and acquisitions have created uncertainty about strategic direction and brand identity. The company's transition through different corporate structures has required careful management to maintain brand authenticity and cultural connections.

Liberated Brands Bankruptcy (2025): Liberated Brands, the operating partner that Authentic Brands Group had licensed to run Billabong, Quiksilver, and related brands' physical and online retail in the United States, filed for bankruptcy protection in February 2025. The filing disrupted store operations and online orders in some markets while ABG arranged new regional partners, including BR South Pacific for Australia, New Zealand, and the South Pacific. ABG has stated the brand's trademarks and wholesale distribution were not directly affected, and the transition to new operating partners was completed later in 2025.

Environmental and Ethical Scrutiny: As a surf brand with strong connections to ocean environments, Billabong has faced scrutiny regarding environmental practices and ethical manufacturing. The company has responded by implementing sustainability initiatives and improving transparency about its environmental and social impact.

Brands Owned by Authentic Brands Group

ChampionFashion Apparel

Champion

Owned by Authentic Brands Group

American sportswear brand known for hoodies and sweatshirts, owned by Authentic Brands Group.

sportswearathletic-apparelhoodies
DC ShoesFashion Apparel

DC Shoes

Owned by Authentic Brands Group

American skateboarding and action sports footwear brand owned by Authentic Brands Group. Founded in 1994, DC Shoes generates approximately $61 million in annual revenue and is licensed to BBC International for footwear design and distribution.

skateboarding-shoessnowboard-footwearaction-sports
Element SkateboardsSports

Element Skateboards

Owned by Authentic Brands Group

American skateboard brand founded in 1992, producing decks, apparel, and accessories with a focus on environmental consciousness and skate culture. Owned by Authentic Brands Group.

skateboardsskate-apparelaction-sports
Forever 21Fashion Apparel

Forever 21

Owned by Authentic Brands Group

American fast fashion brand owned by Authentic Brands Group; the U.S. retail operating company filed for Chapter 11 bankruptcy in March 2025 and closed all 354 U.S. stores.

fast-fashionapparelretail
NauticaFashion Apparel

Nautica

Owned by Authentic Brands Group

American apparel brand specializing in nautical-inspired clothing, outerwear, and lifestyle products for men, women, and children. Owned by Authentic Brands Group and operated by Catalyst Brands.

nautical-fashionapparelouterwear
QuiksilverSports

Quiksilver

Owned by Authentic Brands Group

Surf and action sports apparel brand founded in Australia in 1969, now owned by Authentic Brands Group after its 2023 acquisition of Boardriders for $1.25 billion.

surf-brandskateboardingsnowboarding
View all brands owned by Authentic Brands Group

Billabong Ownership: Pros & Cons

Advantages

  • +Iconic Australian surf brand with strong global recognition
  • +Deep heritage and authenticity in surf and beach culture
  • +Diverse product categories including swimwear, apparel, and equipment
  • +Backed by Authentic Brands Group's brand management expertise
  • +Strong connection to Australian beach lifestyle and surfing community
  • +Ability to leverage professional surfing sponsorships and events

Considerations

  • -Competition from other surf and swimwear brands
  • -Challenges in maintaining Australian authenticity under corporate ownership
  • -Market volatility in surf and action sports fashion trends
  • -Dependency on licensing partners for product quality and consistency
  • -Retail landscape changes affecting traditional surf shop models
  • -Need to balance core surf heritage with broader lifestyle positioning

Frequently Asked Questions About Billabong

Sources & Further Reading

  • Billabong Official Website -
  • Authentic Brands Group Official Website -
  • Boardriders Corporate Information -
  • Digital Commerce 360: Liberated Brands Bankruptcy Coverage -
  • Fashion Dive: Authentic Partners with BR South Pacific -
  • Australian Securities Exchange: Historical filings -
  • Surf Industry Manufacturers Association -
  • Surfing Australia -
  • International Surfing Association -
  • Gold Coast Business News -
  • Australian Financial Review: Retail coverage -
  • SmartCompany: Australian Business Analysis -
  • Inside Retail: Australian Retail Industry -
  • Action Sports Industry Reports -
  • Surf Industry Market Analysis -
  • Wikidata: Billabong entity -
  • Business Insider: Surf brand coverage -
  • Forbes: Action Sports Industry -
  • Bloomberg: Retail and Consumer Goods -
  • Reuters: Business News -
  • The Guardian: Consumer Brands -
  • Choice: Consumer Product Reviews -

Competitors to Billabong

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
QuiksilverQuiksilverSister Brand
Authentic Brands Group
USA
1969
Mass marketGlobalAll Genders

Learn More About Competitors

QuiksilverSports

Quiksilver

Owned by Authentic Brands Group

Surf and action sports apparel brand founded in Australia in 1969, now owned by Authentic Brands Group after its 2023 acquisition of Boardriders for $1.25 billion.

surf-brandskateboardingsnowboarding

Competitive Analysis

Market Positioning: Billabong competes with 1 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Billabong

Looking for brands with different ownership structures? These similar brands are not owned by Authentic Brands Group, giving you alternative choices that support different corporate structures.

ASICSSports

ASICS

Owned by ASICS Corporation

Japanese sportswear company specializing in running shoes and athletic performance gear, founded in 1949 and publicly traded on the Tokyo Stock Exchange.

athletic-footwearrunning-shoessportswear
Publicly Traded

ASICS is owned by ASICS Corporation, a public company, a different structure than Billabong's parent.

ATECSports

ATEC

Owned by Amer Sports Inc.

American manufacturer of baseball and softball training equipment, including pitching machines, batting tees, and protective screens, owned by Wilson Sporting Goods under Amer Sports.

training-equipmentpitching-machinesbaseball-training
Publicly Traded

ATEC is owned by Amer Sports Inc., a public company, a different structure than Billabong's parent.

Columbia SportswearSports

Columbia Sportswear

Owned by Columbia Sportswear

American outdoor apparel and footwear brand known for innovative weatherproofing technologies, headquartered in Portland, Oregon.

outdoor-apparelsportswearfootwear
Publicly Traded

Columbia Sportswear operates independently without a large parent corporation.

First PitchSports

First Pitch

Owned by First Pitch, Inc.

American baseball and softball pitching machine brand based in Maple Plain, Minnesota, USA, offering mid-range training equipment.

pitching-machinebaseball-trainingsoftball-training
Privately Owned

First Pitch operates independently without a large parent corporation.

JUGS SportsSports

JUGS Sports

Owned by JUGS Sports, Inc.

American baseball and softball training equipment brand known for pitching machines, based in Tualatin, Oregon, USA.

pitching-machinebaseball-trainingsoftball-training
Privately Owned

JUGS Sports operates independently without a large parent corporation.

Misfits BoxingSports

Misfits Boxing

Owned by Misfits Boxing

London-based crossover boxing promotion founded by KSI and Mams Taylor in 2022. In 2026, MF Sports (led by Kalle and Nisse Sauerland) acquired a large stake, launching MF Pro as the professional boxing arm. Broadcast globally on DAZN.

boxingentertainmentinfluencer
Privately Owned

Misfits Boxing operates independently without a large parent corporation.

Jobs at Authentic Brands Group

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Last reviewed: July 7, 2026 · Reviewed by Who Brands Editorial Team