Billabong has announced its decision to end ties with its current omni-channel provider, following initial delays outlined in its 1H17 results.
As a result of the termination of the agreement, an impairment charge of approximately $11.7 million will be booked as a significant item in the FY17 results for the brand.
Billabong has stated it will accelerate omni-channel development through the use of cloud computing, as it looks to deliver the overall solution materially close to its original range of budget expectations.
Surf Dive 'n' Ski has been announced as the first of Billabong's businesses to launch an eCommerce platform, with the site expected to go live before the end of the year.