All Rip Curl articles
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News briefsKMD Brands appoints VP People for Europe
The New Zealand-based active lifestyle group strengthens its European HR leadership with a new appointment based in southwestern France.
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ArticleKMD Brands sees early FY26 growth, cost savings on track
The New Zealand outdoor group behind Kathmandu and Rip Curl reports early sales gains in FY26 and advances on its strategic cost-saving plan.
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ArticleKMD Brands Q3 sales decline, e-commerce grows
The outdoor and sportswear group sees e-commerce growth and stronger June sales, despite weather-related setbacks in its core brands.
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News briefsKMD Brands redirects inventory as US tariffs hit Rip Curl and Oboz
The Rip Curl and Oboz parent is taking swift action to manage inventory and protect brand value in response to new US tariffs.
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ArticleKMD reports wider H1 loss, but Kathmandu sales trends improve
Despite a tough first half, the parent of Kathmandu, Oboz and Rip Curl sees positive momentum in DTC growth and forward wholesale orders across its key outdoor labels.
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ArticleKMD Brands names Brent Scrimshaw as new group CEO
The former Nike executive takes the helm of the New Zealand-based group amid financial challenges.
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ArticleKMD Brands sees holiday sales rebound with DTC growth
In a trading update, KMD reported strong holiday sales rebound with DTC growth across Rip Curl, Kathmandu and Oboz despite ongoing wholesale challenges.
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ArticleKMD Brands reports Q1 update, elects board members
The group released trading results, highlighted improved sales trends and announced the re-election of directors at its annual meeting.
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News briefsKMD Brands appoints new CEO
Brent Scrimshaw, with over 20 years of global industry experience, will succeed Michael Daly as the new group CEO.
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ArticleKMD Brands reports 11.2% drop in FY24 sales
Weak consumer sentiment led to a challenging year for KMD Brands, parent of Rip Curl and Kathmandu, with a net loss of NZ$48.3 million.
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News briefsKMD's preliminary FY24 results: Kathmandu shows resilience amid sales decline
KMD Brands expects FY24 Ebitda of NZ$49-51m as sales drop 11.2%. Rip Curl and Kathmandu showed Q3/Q4 improvement, but margins fell 30 basis points.
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ArticleKathmandu struggles while Oboz and Rip Curl show growth
KMD Brands’ Kathmandu segment has had a challenging fiscal year, with a significant 21.8 percent year-over-year sales decline through May 31, marking a slow start to the crucial winter promotional period. Overall sales in the first three weeks of this key period are down by 11.5 percent, leading the company ...
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ArticleKMD Brands’ H1 results impacted by numerous factors
New Zealand-based KMD Brands, the Kathmandu, Rip Curl, and Oboz parent, reported lower H1 group sales and underlying Ebitda due to weak consumer sentiment, a warm Australian winter, difficult year-on-year comparisons, and excess inventory issues in the wholesale channel. KMD’s net loss from continuing operations was NZ$9.7 million (€5.4m) for ...
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News briefsKMD Brands updates full-year outlook
KMD Brands, the New Zealand parent of Oboz, Kathmandu, and Rip Curl, says it’s on track to reach full-year sales of NZ$1.1 billion (€619.7m) for the 12 months ending July 31. FY gross margin is forecast to be on par with the prior year, and Ebitda is forecast at NZ$105 ...
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News briefsKMD reports sales growth across brands in Q3
New Zealand-based company KMD Brands offered a trading update on its three brands for the period ended April 23, saying Rip Curl, Kathmandu, and Oboz each generated sales growth. With the group reporting Q3 consolidated, year-over-year sales growth of 15.6 percent, Oboz had the period’s largest sales increase at 120.3 ...
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News briefsKMD Brands refinances debt with sustainability-linked loans
KMD Brands, the New Zealand-based parent of Kathmandu, Rip Curl, and Oboz, has successfully refinanced its NZ$310 million (€177.4m) in debt with sustainability-linked, multi-currency revolvers. The three-and-a-half-year finance package, which includes a A$240 million (€147.6m) revolver and a NZ$54 million (€30.9m) revolver, provides the group with significant liquidity to support ...
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ArticleAs pandemic’s impact eases, KMD Brands grows H1 sales
KMD Brands, the down-under parent of Rip Curl, Kathmandu, and Oboz, reported Ebit of NZ$31.4 million (€18.6m) for H1 ended Jan. 31. Total revenues rose by 34.5 percent to NZ$547.9 million (€323.8m) as gross margin came in flat at 58.7 percent. Ebitda was NZ$90.8 million (€53.7m) versus NZ$45.3 million. The ...
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News briefsKMD Brands secures B Corp status for all brands
KMD Brands, the outdoor, lifestyle and sports company, sees all three of its brands – Kathmandu, Oboz and Ripcurl – become Certified B Corporations, becoming one of the first multinational firms in Australia and New Zealand to have all businesses individually certified. KMD Brands Group CEO Michael Daly called ...
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News briefsKMD reports H1 sales on improving trends
KMD Brands Limited – the New Zealand-based global outdoor, lifestyle and sports company that includes the Kathmandu, Rip Curl and Oboz brands – citing continued sales momentum in Q2, reported record H1 group sales of NZ$546 million (€322.6m) for the six months ended Jan. 31. According to the company’s preliminary ...
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News briefsKMD Brands appoints new director
KMD Brands Limited, the New Zealand-based global outdoor, lifestyle and sports company that includes the Kathmandu, Rip Curl and Oboz brands, has completed the process to appoint another non-executive director to its board, Zion Armstrong, effective Dec. 1, 2022. Armstrong has had a highly successful career in the global sportswear ...
