Just general surfing stuff
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- marauding mullet
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Re: Just general surfing stuff
Bullshit, they don’t have metres in the UK
- steve shearer
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Re: Just general surfing stuff
unless it's Catherine Zeta Jones surfing it.
I want Nightclub Dwight dead in his grave I want the nice-nice up in blazes
Re: Just general surfing stuff
Bit of press following the sale of Rip Curl to Kathmandu for $350m - that price implies RC is a pretty profitable business (could be $40m a year). Maybe some of the family were looking for their early inheritance ?
https://www.smh.com.au/business/compani ... 52wle.html
https://www.smh.com.au/business/compani ... 52wle.html
Re: Just general surfing stuff
This is gonna be my next wetsuit.
Re: Just general surfing stuff
Does x-Large refer to the suit or the rooster?
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- Huey's Right Hand
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Re: Just general surfing stuff
Rip Curl has been in play for several years now. The founders wanted to sell but didn't want to sell.Over55yrs wrote: ↑Wed Oct 02, 2019 1:40 pmBit of press following the sale of Rip Curl to Kathmandu for $350m - that price implies RC is a pretty profitable business (could be $40m a year). Maybe some of the family were looking for their early inheritance ?
https://www.smh.com.au/business/compani ... 52wle.html
It's profitable but perhaps not as profitable as the purported new owners will make it. They have a number of reasons for wanting to buy it aside from immediate gain.
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- Huey's Right Hand
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Re: Just general surfing stuff
They also just bought a hiking boot business for 75m. On an acquisition binge. As you say significant debt.
Re: Just general surfing stuff
Well if you can't grow revenues (or profits) because you're constantly selling goods "on sale", standard response is to buy another business or two which gives you time to find "synergies" among the businesses.
What will that look like? Centralised back offices (marketing, accounting, procurement) and reduced expenditures (like NC noted in his article) in teams, endorsements and sponsorships.
What will that look like? Centralised back offices (marketing, accounting, procurement) and reduced expenditures (like NC noted in his article) in teams, endorsements and sponsorships.
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- Huey's Right Hand
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Re: Just general surfing stuff
Well here’s a free take on it, KMD ain’t Patagonia.
Re: Just general surfing stuff
38% increase in profits from last year. You but splash out 400m in total to find synergy. Revenues have been slipping so they are good at cost take out, I guess.channels wrote: ↑Wed Oct 02, 2019 6:54 pmWell if you can't grow revenues (or profits) because you're constantly selling goods "on sale", standard response is to buy another business or two which gives you time to find "synergies" among the businesses.
What will that look like? Centralised back offices (marketing, accounting, procurement) and reduced expenditures (like NC noted in his article) in teams, endorsements and sponsorships.
- steve shearer
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Re: Just general surfing stuff
it's funny the day before the announcement I was walking past the Kathmandu shop in Byron, wondering how the fcuk this shop full of puffer jackets and cold gear was going to make money through spring/summer/autumn.
Doubt the town will be big enough to host both a Rip Curl and Kathmandu outlet.
Doubt the town will be big enough to host both a Rip Curl and Kathmandu outlet.
I want Nightclub Dwight dead in his grave I want the nice-nice up in blazes
Re: Just general surfing stuff
Stay safe godsave. Maybe get some tips from Offy.
Re: Just general surfing stuff
Wow.
Welsh Rally of GB starts Friday and runs all weekend.
Gonna be wet in the forests.
Welsh Rally of GB starts Friday and runs all weekend.
Gonna be wet in the forests.
Beanpole
You aren’t the room Yuke You are just a wonky cafe table with a missing rubber pad on the end of one leg.
Skipper
I still don't buy the "official" narrative about 9/11. Oh sure, it happened, fcuk yeah. But who and why and how I'm, not convinced it was what we've been told.
You aren’t the room Yuke You are just a wonky cafe table with a missing rubber pad on the end of one leg.
Skipper
I still don't buy the "official" narrative about 9/11. Oh sure, it happened, fcuk yeah. But who and why and how I'm, not convinced it was what we've been told.
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- Huey's Right Hand
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Re: Just general surfing stuff
ah it's going to suck, that thing's moving too quick
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