KMD Brands’ Revenue Decline Slows
The Rip Curl, Kathmandu, and Oboz parent said that sales in its fiscal third quarter ended May 24 declined by 8.4%, decelerating from the 14.5% drop in FH1. All segments declined, with Rip Curl down 5.9% compared to -9.2% in H1, Kathmandu down 8.4% (-21.5%) and Oboz down 21.8% (-20.0%). Rip Curl started its peak summer trade ... Log in to view full article.
