Rip Curl Restructure Complete as Parent KMD Looks to Long-Term Growth Plan

KMD CEO Michael Daly talked full-year results – including North America revenue numbers – office restructures, and the general slowdown seen from wholesale partners and consumers.

Published: September 20, 2023By Kari Hamanaka

Rip Curl had record sales during parent KMD Brands' fiscal year 2023.

EBITDA, excluding the impact of certain leases, restructuring costs, and other charges, grew to NZ$105.9 million ($62.9 million) from NZ$92 million ($54.7 million).

THIS ARTICLE IS AVAILABLE TO OUR EXECUTIVE EDITION MEMBERS.

If you think you are already an Executive Edition member and you’re getting this message, it’s possible your membership is on hold because your credit card expired. You can update your card here. If you have any trouble and need help, please click here to email our customer care specialist.

Posted in: Executive Edition

Tagged with: Kathmandu, KMD Brands Limited, Michael Daly, Oboz, Rip Curl