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Billabong Reports that Strongest Growth Came From Independent Speciality Store Channel

Billabong results during the second half of 2007 report that the companies strongest growth came from independent specialty retail, despite PacSun representing 15 percent of the company’s North American sales. Sales grew double digits in North America, with the east coast a bit better than the west coast. Group sales Americas was up 13.2 percent to $249.6 million in constant currency terms.