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Kathmandu and Rip Curl's parent company wants to raise NZ$65.3 million in new equity. Read more
US brand Gap has tapped a local distributor to revive the brand locally, starting with a nationwide push through Myer.
The new CEO comes over from Moncler Group.
Solomon Lew's Premier Investments will leverage its existing expertise in the wholesale channel, driven through Smiggle.
“We do not believe that supplier relationships should be exited lightly," R.M.Williams shared in its FY25 Modern Slavery Statement.
The brand’s total sales hit NZ$291.4 million, driven up thanks to FX movements.
Kathmandu has delivered double-digit same store sales growth for the first time in over two years.
This comes after the retailer updated its payment terms for suppliers.
Luxottica has 21 franchisees and 387 franchisor-owned or operated units operating across Australia.
Shark Beauty has returned as the presenting partner, with some runways being open to the public.
“It will be much more difficult to replicate the current growth in the months ahead," chairman Warren Bell shared.
Over 90 per cent of retailers are seeing rising freight costs, according to a pulse survey by the Australian Retail Council.
The brand is now eyeing international expansion, particularly in the United States.
The owner of Kathmandu and Rip Curl was supposed to release its audited half-year FY26 trading update on Wednesday last week.
