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 percent. Kathmandu sales improved by 11.3 percent, and Rip Curl sales were up 7.9 percent. Without offering specifics, KMD Brands described Q3 gross margins as “resilient” throughout the quarter.

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