Billabong was founded in 1973 by Gordon and Rena Merchant. The name came from the same word billabong, which is a stagnant body of water attached to a waterway. In addition to the Billabong brand name, the company sells surf and skate clothing, hardware and accessories under the following brands: RVCA, Honolua Surf, VonZipper, Xcel Wetsuits, and Element. The brands are available at various surf and skateboard store locations worldwide. The company has approximately 5,000 staff worldwide and its shares are publicly listed on the Australian Securities Exchange.