KMD Brands, the owner of Rip Curl and Kathmandu, has entered into exclusive talks with global brand management group Bluestar Alliance for a potential takeover of the struggling retailer.
New York-based Bluestar, which owns rival surfwear brand Hurley, last year bought workwear chain Dickies from VF Corporation and the year prior snapped up fashion label Off-White from luxury giant LVMH.
Gift articles to anyone you choose each month when you subscribe.
