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

Sat, 04 Oct 2025

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,...

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