KMD Brands Sees Sales Momentum Continue
The Rip Curl, Kathmandu, and Oboz parent said that sales grew 8% for the five months ended Dec. 25, driven by direct-to-consumer, especially at Kathmandu over the Black Friday and Christmas retail trading periods. All segments increased, with Rip Curl up 6%, compared to the 7% gain in Q1, Kathmandu up 13% (+14%), and Oboz up 5% (+1%). Rip Curl’s same-store sales improved 2%, attributed ... Log in to view full article.
