Sports business
Boardriders acquires Billabong
The Australian surf, skate and snow specialist Billabong, which also owns the brands RVCA, Element and von Zipper, will be taken over by Boardriders. The US board sports specialist is said to have paid a three-digit million Dollar sum for the competitor from Australia. 

Sports business
New CEO at the watch and accessories brand Nixon: Scott Kerslake
The watch and accessories brand Nixon now has Scott Kerslake as the new Chief Executive Officer. He will continue to drive forward worldwide expansion. Kerslake is coming from the yoga and outdoor clothing manufacturer Prana, where he was CEO since 2009.