All KMD Brands articles
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AnalysisThe world’s biggest sports retailers
Our annual analysis of the world’s 50 largest sports retailers presents the revenue of the top international sports retailers and ranks their growth year-on-year.
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News briefsCarla Webb-Sear joins KMD Brands as CFO
The Australia-listed outdoor group strengthens its leadership with a seasoned finance executive from the travel and media sectors.
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ArticleQ3 sales for KMD Brands decline, e-commerce grows
The outdoor and sportswear group saw e-commerce growth and stronger June sales, despite weather-related setbacks in its core brands.
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ArticleRip Curl’s third flagship store in Spain has opened
The 150-square-meter space, located in the heart of Bilbao, will serve surf customers of the Biscaya region.
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ArticleRip Curl with DTC growth, while wholesale dropped for KMD due to cautious pre-season buying
Despite a tough first half, the parent of Kathmandu, Oboz and Rip Curl sees positive momentum in DTC and wholesale orders.
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ArticleFormer Nike GM becomes Rip Curl’s new CEO
An Aussie returns home. Former Vice President & General Manager of Nike Pacific will work for Rip Curl from now on.
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ArticleHoliday sales rebound with DTC growth for KMD Brands
KMD reported a strong holiday rebound with DTC growth across Rip Curl, Kathmandu and Oboz despite continued wholesale challenges.
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News briefsKMD Brands issues Q1 update
The company said its final H1 results will depend on the upcoming Black Friday and Christmas shopping periods.
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News briefsFaithful servant leaves Rip Curl after 35 years
José Farinha, a key figure at Rip Curl in Portugal, is retiring after 35 years of dedicated service.
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AnalysisThe world’s biggest sports retailers
Our annual analysis of the world’s largest sports retailers presents the revenue of the top international sports retailers and ranks their growth year-on-year.
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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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ArticleSofter consumer sentiment continues to hamper KMD Brands
New Zealand’s KMD Brands, owner of Rip Curl, Kathmandu and Oboz, saw FY24 sales drop 11.2% amid weak consumer sentiment, posting a NZ$48.3m net loss.
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News briefsKMD Brands reports preliminary FY results
KMD 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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ArticleRip Curl showing positive DTC growth in northern hemisphere
Rip Curl, despite a “challenging consumer environment,” has generated positive year-over-year, single-digit sales growth in the direct-to-consumer channel in Europe and the US ahead of the peak weeks during the summer season. The brand’s wholesale customers, meanwhile, continue to reduce their inventory levels. Parent KMD Brands said Rip Curl’s global ...
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AnalysisThe world’s biggest sports retailers
Our annual analysis of the world’s largest sports retailers has the revenue of 50 companies and ranks their growth compared with last year.
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News briefsRip Curl to expand its retail presence in Spain
Rip Curl, part of KMD Brands, is planning to expand its retail presence in Spain in partnership with the El Corte Inglés department stores, according to Modaes. Spain is Rip Curl’s second European market after France. The brand currently has three stores in Spain, where it also sells its products ...
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News briefsKMD Brands announces interim CFO solution
Further to the announcement on July 7, 2023 of Chris Kinraid’s resignation as Group Chief Financial Officer, KMD Brands, the New Zealand parent of Oboz, Kathmandu and Rip Curl, has confirmed that Kinraid’s last day with KMD Brands will be Dec 8, 2023. While KMD Brands continues to recruit for ...
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ArticleKMD Brands’ FY results dimmed by softer consumer sentiment in Q4
Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu, and Oboz – was offset by weaker results in the year’s final period, which ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 ...
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News briefsKMD’s CFO to resign
KMD Brands Chief Financial Officer Chris Kinraid has announced his resignation, effective December 2023, after nine years with the group to take a position as Chief Executive Officer at Hallenstein Glasson Holdings, an Auckland, New Zealand-based men’s and women’s fashion retailer also listed on the New Zealand Stock Exchange, with ...
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News briefsKMD Brands sees 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 ...
