Billabong caps and shirts
Media playback is unsupported on your device
Video

Billabong asks investors to support its survival plan

The Australian surfwear retailer Billabong wants shareholders to back its restructuring plan.

Loss making Billabong has allowed TPG Capital to look at its books, as the investment group continues to take an interest in the retailer, which has fallen into the red for the first time since 2001.

The BBC's Duncan Kennedy looks at the company's efforts to ride out stormy waves, to return to success.

  • 28 Aug 2012