Ripcurl’s parent company suffers staggering $82.9M loss; closing multiple stores after facing backlash for ‘woke’ ad campaign
Read more…Ripcurl’s parent company suffers staggering $82.9million loss; closing multiple stores after facing backlash for ‘woke’ ad campaign.
KMD Brands, which owns Kathmandu, Ripcurl and Oboz footwear has recorded its worst loss in a decade.
It comes after