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Rip Curl Drives Kathmandu Holdings Q1 Earnings
After adjusting for COVID restrictions e.g. store closures, Rip Curl saw a +26.8% in DTC sales, with strong sales in wholesale and summer product categories. Online sales results for Kathmandu Holdings were positive – 37% higher than last year, however Rip Curl’s individual contribution towards this is unknown. On November 25 ,2020, Kathmandu Holdings Limited held its Annual Shareholder Meeting and released their Q1 results. Despite sales that have continued to be impacted by COVID-19…