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Business

Surf Business: In Deep With Backdoor Owner, Hutch

Derek Morrison
While the surf industry seems to be in a slump, Backdoor’s Geoff Hutchison remains cautiously optimistic as he opens his 25th and biggest store in Dunedin. We caught up with the 60-year-old ripper and surf business guru to learn a bit about what’s going on in the surf industry right......
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Business

Kathmandu Buys Rip Curl For $368 Million

Derek Morrison
New Zealand company Kathmandu yesterday entered into a binding agreement to acquire 100 percent of the Rip Curl Group Pty Limited for NZ$368 million. The deal is expected to be completed by the end of 2019. The sale should come as no surprise, Rip Curl’s founders, Brian Singer and Douglas......

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