Business
Iconic surf brand Rip Curl takes chill off Kathmandu’s winter woes – NEWS.com.au
Iconic surf brand Rip Curl takes chill off Kathmandu’s winter woes
Adventure and outdoor clothing retailer Kathmandu took a hit from travel restrictions and store closures, but the transformational acquisition of surfwear brand Rip Curl has proved a wise move.Ahead of its annual general meeting on Wednesday, Kathmandu issued a trading update showing direct to consumer sales for the 16 weeks ending November 15 had plunged more than 24 per cent.
The group’s 60 Greater Melbourne stores were closed for most of this period, while 14 Auckland stores were shuttered for…
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