Not be left out of the Billabong retail gobbling game Rip Curl has announced that it has just picked up 15 Perth-based retail stores according to a post on Ragtrader.com.au.
The Torquay-headquartered surf company revealed it has bought nine ‘Wave‘ surf stores, two ‘City Surf’ stores and four ‘Cite’ streetwear stores. . . Rip Curl Asia Pacific CEO Steven Kay said he hopes to build on Wave’s 25-year history, overseen thus far by Wave founders Chris and Vicki Prastidis. . . “Perth is the gateway to one of the great surfing and youth markets in Australia and Rip Curl want to put more effort into the region,” Kay said.
Independent action sports retailers are getting few and far between.
[Link: Ragtrader]
