Ripcurl’s parent company suffers staggering $82.9million loss; closing multiple stores after facing backlash for ‘woke’ ad campaign.
— Oli London (@OliLondonTV) September 24, 2025
KMD Brands, which owns Kathmandu, Ripcurl and Oboz footwear has recorded its worst loss in a decade.
It comes after one of its brands, Ripcurl,… pic.twitter.com/UcVVJVDWU7
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GO WOKE, GO BROKE strikes again! Praise God (YHWH)!