Rip Curl owner plans cutbacks

Rip Curl outlets are planned for the Mediterranean coasts of Italy, Spain and France. Picture: Jason O'Brien/ AAP

SYDNEY: Kathmandu and Rip Curl owner KMD Brands will close at least 21 stores and has replaced some key executives as part a transformation strategy to cut $25 million in annual costs. The dual-listed company, which also owns the Oboz Footwear brand, said it was reviewing its portfolio of more than 328 company-owned stores and […]

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