Not waving, but drowning?

While the Myer turnaround strategy and annual general meeting may be capturing more than its fair share of attention currently, the AGM of another retailer on a long-term turnaround plan may just attract investor interest this month. The 21 November shareholding meeting of Billabong International, the iconic Australian surf and skate brand, may well focus on a change to the company’s rebuild plans. Billabong International’s spectacular growth crashed in 2011 as international sales declined,

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