« AFI Awards 2007 - The Best Dressed | Main | Maria's Favourite Things for 2008 »
Monday, December 10, 2007
Jodhi Meares Sells Tigerlily to Billabong
Jodhi Meares has decided to sell her swimwear label, Tigerlily, to Billabong for an undisclosed amount. The sale is estimated to be around $8 million australian dollars - which doesn't sound like a lot of money - but she will be staying on with the company to steer it creatively so, she's still on the payroll. For the immediate future, they plan to focus on the Australian market with a scope to expand to other countries as well. Billabong should enable Tigerlily to shine brighter than ever. It should be interesting to watch it grow.