Kathmandu recovery bright spot in KMD Brands $20m HY loss

Kathmandu recovery bright spot in KMD Brands $20m HY loss
Kathmandu has been comprehensively rebranding. (Image: NZME)
Gregor Thompson
KMD Brands' efforts to turn around Kathmandu appear to be paying off, with the outdoor brand’s sales trends improving for five consecutive quarters. On Wednesday, the owner of Rip Curl, Kathmandu and Oboz footwear reported a $20.7m statutory net loss after tax for the six months to Jan 31, versus a $9.7m loss in the prior comparable period.At 1pm on Wednesday, shares were down 2.7% to 36 cents.The firm reported underlying earnings before interest, taxes, depreciation and amortisation (ebitda) of $3.9m, down 74.3% year-on-year&nbs...

More Retail

Briscoe homeware rebound offsets weak sporting spend
Retail

Briscoe homeware rebound offsets weak sporting spend

First half net profits are expected to be no lower than $29 million.

Gregor Thompson 04 Aug 2025
Trump’s early axeing of duty free rule set to hurt exporters
Retail

Trump’s early axeing of duty free rule set to hurt exporters

Exporters may want to reassess whether the US remains a viable market, a tax expert says.

John Anthony 04 Aug 2025
Journee to succeed Withers as Warehouse chair
Retail

Journee to succeed Withers as Warehouse chair

Journee ensures "strong continuity of leadership", Joan Withers said.

Gregor Thompson 01 Aug 2025
Capital raise helps Paper Plus co-op out of jam
Retail

Capital raise helps Paper Plus co-op out of jam

The co-operative tapped members last year after it breached banking covenants.

Gregor Thompson 29 Jul 2025