Kathmandu Owner to Close 21 Stores in a Bid to Turn Fortunes

Iconic Aussie retailer shuts 21 stores

The Australian retail giant behind Kathmandu and Rip Curl has announced an ambitious plan to fix its “undervalued” business.

Kathmandu to close 21 stores in bid to turn its fortunes

Outdoor goods retailer KMD Brands is planning a major shake-up of the business as it looks to turnaround struggling sales.

Kathmandu owner to close 21 stores in a bid to turn fortunes

Outdoor goods retailer KMD Brands is planning a major shake-up of the business as it looks to turnaround struggling sales.

Rip Curl owner KMD Brands to shut stores in major overhaul

Chief executive Brent Scrimshaw says a major reset at the struggling clothing retailer will involve 21 store closures and a $25 million cost reset.

Major Aussie retailer to close stores around the country as it loses millions of dollars

Major Aussie retailer to close stores around the country as it loses millions of dollars 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…