Business
Kathmandu rides Rip Curl wave as COVID-19 batters sales – Sydney Morning Herald
The recent acquisition of surf retailer Rip Curl has emerged as a bright spot for the outdoors retail group.
The acquisition of surf retailer Rip Curl has emerged as a bright spot for outdoors retail group Kathmandu, which has continued to be battered by COVID-induced store closures and weaker consumer spending.
In a trading update ahead of its annual general meeting on Wednesday, the company revealed that total sales across its Kathmandu, Rip Curl and Oboz brands had surged 72 per cent in the first quarter of the new financial year.
However, this was primarily driven by wholesale sales at Rip Curl, which…
-
Noosa News21 hours agoThis 42-Kilometre Walking Trail on the NSW North Coast Weaves Through Ancient Rainforest, Volcanic Mountains and Spectacular Waterfalls
-
Noosa News23 hours agoJane Bunn weather: Cyclone Errol forms as effects of Alfred still felt across Queensland
-
Noosa News23 hours agoGabby Petito died after experiencing domestic violence. Young Aussies are identifying with her story
-
General23 hours agoNo ‘band-aid solution’: sweating coal risky business