On the Money: Kathmandu, the Warehouse, Luxon, Fonterra and more

On the Money: Kathmandu, the Warehouse, Luxon, Fonterra and more
OTM this week: What the PM, Ngarimu Blair and Chris Bishop are wearing and who's backing black. (Image: NZME/Supplied/Jacques Steenkamp)
Victoria Young
Many puffer jacket-loving New Zealanders – your correspondent included – might say Kathmandu sales aren’t what they once were, but at least shares in its owner, KMD, are at a juicy discount to where they were six months ago. This has allowed independent director Philip Bowman to pick up half a million shares at 27c for just over $137,00 according to recent disclosures. At the same time, director Abby Foote acquired more than $20,000 worth of shares. KMD has been trading below 30c per share since June,...

More Editor's Picks

Ebos CEO grilled on 'drastic' share-price fall
Markets

Ebos CEO grilled on 'drastic' share-price fall

Adam Hall's first AGM may well be the toughest he'll ever face.

RBNZ paying for unused floor space at new office
Property

RBNZ paying for unused floor space at new office

The Reserve Bank of NZ's plush new Britomart office will be only partially occupied. 

Andy Macdonald 29 Oct 2025
What Nvidia and Tower Insurance have in common
Markets

What Nvidia and Tower Insurance have in common

One is the global stock market darling, the other is an NZX star.

Earthquakes still top of the league for insurance costs
Editor's Picks Risky Business

Earthquakes still top of the league for insurance costs

Despite growing risks from climate change, other hazards are ever present.

Greg Hurrell 28 Oct 2025