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Rip Curl acquisition takes Kathmandu into summer

The Kathmandu acquisition of Rip Curl ensures the iconic brand remains in Australasian ownership and strengthens and significantly broadens the global reach of the purchaser’s wholesale and retail business. Inside Retail Weekly predicted the acquisition exclusively in December 2017 after the struggling Billabong was acquired by the owners of Quiksilver. IRW reported that the most likely remaining buyers for Rip Curl were Kathmandu, a transnational company with its headquarters in Christchurch,