France's coastguard on Wednesday called off searches for the head of the U.S. firm that owns the Quiksilver surfwear brand, a day after his boat washed up empty on the country's Atlantic coast, local authorities said.
Australian surfwear seller Billabong International Ltd agreed to a buyout from its top shareholder and major lender Oaktree through its Boardriders unit Friday, in a deal valuing the company at about A$197.7m ($155m).
Surf Expo has announced it has cut the final day of this season's trade show taking place in Orlando in anticipation of Hurricane Irma making landfall in Florida this weekend. The show will now end on Friday at 5pm.
Quiksilver Inc changed its corporate name to signal a new phase for the company. The California-based company exited Chapter 11 bankruptcy in February 2016 and began to aggressively restructure its business.