Kathmandu, the new owner of Oboz and Rip Curl, said its sales over the internet jumped by between 250 and 300 percent in April because of the coronavirus lockdowns, with the domestic Australian market growing the most. Only two of its 327 stores are now closed, and the company says its liquidity is in good shape following an equity increase earlier this year. It has cancelled or deferred orders based on reduced demand.
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