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THE FIVE MOST READ STORIES ON RAGTRADER.COM.AU IN THE PAST FORTNIGHT

1. Billabong bonus
Multi-national wholesale and retail group Billabong successfully raises $291 million in less than two months after launching a special entitlement offer to shareholders to help reduce debt.

2. More capital raising
Wholesale group Mercury brands follows Billabong's lead and raises more than $1 million through the release of millions of new share options. Proceeds from the sale will be used to reduce trade creditors and source new season product.

3. International Triumph
Armadale university student Katinka Poole wins the right to represent Australia in Milan after scooping the national Triumph Inspiration Award for lingerie design.

4. Lacoste approval
Australia is named as one of only a handful of worldwide markets where footwear label Lacoste will sell its limited edition Zaha Hadid range. Themed around "evolution of dynamic fluid grids", each pair will retail around $600.

5. Rivers no-no
Rivers Australia is forced to pull a controversial ad campaign describing its reversible vests as 'Bi-Polar' after the Australian Standards Bureau deemed the print advertisement as discriminatory.

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