PROFESSIONAL EDITION
MOODY’S COMPLETES REVIEW OF BOARDRIDERS RATINGS
ASB MAGAZINE: Moody’s Investors Service (Moody’s) has completed a periodic review of the ratings of Boardriders, Inc. The review was conducted through a portfolio review discussion held on 19 March……
RIP CURL’S ‘OUTSTANDING’ AUD$45M FIRST HALF FY21 RESULTS
ASB MAGAZINE: Kathmandu Holdings has praised the strength of Rip Curl as it unveils its first half FY21 results with Rip Curl delivering an 86.1% increase in sales to NZ$251.1 million…
SPLITIT PARTNERS WITH BOARDRIDERS (EU)
ASB MAGAZINE: Splitit, a global payment technology company announced continued global expansion in 2021, Splitit is the only ‘buy now pay later’ solution that enables shoppers to pay in instalments…
GLOBE’S MATT HILL ON HALF-YEAR DEC 30 RESULTS
ASB MAGAZINE: Globe International Limited recently announced its financial results for the six months ended 31 December 2020. The Group reported a significant increase in both sales and profitability compared…
RIP CURL REPORTS RECORD 1H FY2021 RESULT
ASB MAGAZINE: Kathmandu Holdings has released their trading results for the 6 months until January 31, 2021 with Group total sales for 1H FY21 +12% above last year, including a full…
VANS ‘PANDEMIC QUARTER’ UP 9% IN APAC, LED BY DIGITAL
ASB MAGAZINE: Below we report on VFC’s Q3 results, breaking out Vans, APAC region and digital and business transformation strategy, also viewable in the slideshow above. In summary, VF reported…
ACCENT GROUP REPORTS 40% GROWTH
ASB MAGAZINE: Accent Group reported that Group EBITDA for the half year ended 27 December 2020 is expected to be in a range of $95 million to $98 million. This…
VOLTE WETSUITS LAUNCH CROWD FUND CAMPAIGN
ASB MAGAZINE: Volte wetsuits have partnered with equity investment firm Crowdcube to offer shares in a crowdfunding venture. The company is raising funds to support ambitious growth plans in the…
SURFING SURGE BOLSTERS RIP CURL RESULTS
Kathmandu recently released a trading update showing group sales for the first quarter of FY21, 72% above last year, benefiting from the addition of Rip Curl to the group. Rip Curl’s same store…
BOARDRIDERS SUED OVER OAKTREE-BACKED RESCUE DEAL
As reported in ‘The Australian’, a group of investors intend to sue Boardriders Inc over a US$431 million financing package, saying it elevates the interests of a preferred group of…
MOODY’S ASSIGNS B3 RATING DOWNGRADE TO BOARDRIDERS
ASB MAGAZINE: Moody’s Investors Service, has assigned a B3 rating to Boardriders Inc.’s new US$431 million Super Senior Credit Agreement. At the same time, Moody’s affirmed the company’s Caa1 corporate…
BOARDRIDERS INC. DOWNGRADED TO ‘SELECTIVE DEFAULT’ ON S&P RATINGS
ASB MAGAZINE: Standard & Poor (S&P) Global Ratings lowered its debt ratings outlook on Boardriders Inc after the company recently completed a transaction to provide needed liquidity and fund an…