Kathmandu Holdings total sales were up about 12% for the fiscal first half ended Jan. 31, but the gains came entirely from a full six months of Rip Curl sales, as the continued effects from the pandemic hit both direct-to-consumer and wholesale. Pro forma same store sales adjusted for lockdown closures of the company’s Australia and New Zealand stores declined 10%, with Rip Curl up 21% and Kathmandu off 30%, while e-commerce accounted for 13.0% of DTC ... Log in to view full article.