83 029
Fashion Jobs
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Norwalk
Permanent · NORWALK
BELK
Store Fulfillment Associate - Full Time
Permanent · FRANKLIN
BELK
Asset Protection Lead - Full Time
Permanent · AUBURN
BELK
Store Fulfillment Associate - Full Time
Permanent · SAVANNAH
BELK
Store Fulfillment Associate - Part Time - Independence Mall
Permanent · WILMINGTON
BELK
Asset Protection Associate - Full Time
Permanent · ROCKY MOUNT
BELK
Store Fulfillment Associate - Part Time - Coastal Grand
Permanent · MYRTLE BEACH
BELK
Store Fulfillment Associate - Full Time - Bridgestreet
Permanent · HUNTSVILLE
BELK
Store Fulfillment Associate - Full Time
Permanent · TUPELO
BELK
Store Fulfillment Associate - Part Time
Permanent · SAVANNAH
BELK
Asset Protection Manager - Triangle
Permanent · RALEIGH
ALO YOGA
Construction Project Manager
Permanent · LOS ANGELES
SUN VALLEY
Sun Valley Marketing Manager
Permanent · SUN VALLEY
LULULEMON
Community Specialist | (Contract) Market Street The Woodlands
Permanent · THE WOODLANDS
LULULEMON
Community Specialist | Orlando Premium Outlet
Permanent · ORLANDO
LULULEMON
Full-Time Community Specialist | Cumberland Mall
Permanent · ATLANTA
FOSSIL
Dam/Dynamic Media Administrator
Permanent ·
KOHLS
Operations Supervisor - Weekend Days
Permanent · PLAINFIELD
KOHLS
Technical Project Manager
Permanent · MENOMONEE FALLS
KOHLS
Loss Prevention Associate
Permanent · FINDLAY
NAVY EXCHANGE
Vending Route Driver (Operations Worker) FT w/Benefits
Permanent · BREMERTON
NAVY EXCHANGE
Asset Protection/Safety Investigator (Detective) FT w/Benefits
Permanent · BREMERTON
By
Reuters
Published
Oct 1, 2019
Download
Download the article
Print
Text size

Kathmandu sets eyes on to N. America, Europe markets with $236 million Rip Curl buy

By
Reuters
Published
Oct 1, 2019

Outdoor retailer Kathmandu Holdings on Tuesday said it will buy Australia-based surfing gear maker Rip Curl Group for A$350 million ($236.22 million) to diversify product offerings and expand geographic footprint to Europe and North America.


Rip Curl


Kathmandu, which offers apparel and gear in the travel and adventure segment, operates stores in New Zealand, Australia and Britain.

Rip Curl, which has a presence across Australia, New Zealand, North America, Europe, South East Asia and Brazil, offers surfing-related products including highly technical wetsuits, boardshorts and other accessories.

The acquisition will provide a “seasonal balance” between Rip Curl’s summer/beach focus and Kathmandu’s winter/outdoor offerings.

Rip Curl Chief Executive Officer Michael Daly will continue to lead the firm and will report to Kathmandu CEO Xavier Simonet.

The transaction will be financed through a combination including a fully underwritten 1 for 4 pro-rata accelerated entitlement offer to raise NZ$145 million ($90.80 million) and a placement of about NZ$32 million of new Kathmandu shares to the founders and chief executive of Rip Curl, who will receive a part of the consideration in Kathmandu shares.

© Thomson Reuters 2024 All rights reserved.