Billabong International Limited is engaged in wholesaling and retailing of surf, skate, snow and sports apparel, accessories and hardware, and the licensing of the Company�s trademarks to specified regions of the world. The Company�s brands included Billabong, Element, Von Zipper, Kustom, Palmers, Honolua, Xcel, Tigerlily, Sector 9, DaKine and RVCA. It also has online retail primarily trading on the sites www.swell.com and www.surfstitch.com. The Company�s geographical segments include Australasia, Americas, Europe and Rest of the World. Effective February 10, 2014, an investor group, comprised of Centerbridge Partners LP and Oaktree Capital Management LP of the United States, a unit of Oaktree Capital Group LLC, acquired a 40.74% interest in Billabong International Ltd.