KMD Brands – the owners of Rip Curl and Kathmandu – will close 21 of its stores, but will this bring new shoots for the business?

MARKET WRAP:
ASX200: up 1.00% to 8,019
GOLD: $3,540/oz
BITCOIN: $170,082

CURRENCY UPDATE:
AUD/USD: 65.2 US cents
AUD/GBP: 48.5 British pence
AUD/EUR: 56 Euro cents
AUD/JPY: 96 Yen
AUD/NZD: 1.11 NZ dollars

 

KMD Brands &ndash; the owners of Rip Curl and Kathmandu &ndash; will close 21 of its stores, but will this bring new shoots for the business?
MARKET WRAP:
<ul>
<li aria-level="1">ASX200: up 1.00% to 8,019</li>
<li aria-level="1">GOLD: $3,540/oz</li>
<li aria-level="1">BITCOIN: $170,082</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 65.2 US cents</li>
<li aria-level="1">AUD/GBP: 48.5 British pence</li>
<li aria-level="1">AUD/EUR: 56 Euro cents</li>
<li aria-level="1">AUD/JPY: 96 Yen</li>
<li aria-level="1">AUD/NZD: 1.11 NZ dollars</li>
</ul>
&nbsp;

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Money News &mdash; the most respected business program on radio.
If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>