KMD Brands announces $25m ‘cost reset’ in bid to revive growth

KMD Brands will review its store network portfolio. (Image: NZME)

Thu, 04 Sep 2025

KMD Brands said it will take out $25 million in costs as part of a “Next Level” transformation plan aimed at restoring profitability. In materials released alongside its 2025 Investor Day on Thursday, the outdoor retail group said the strategy is designed to "unlock the full potential of its iconic brand portfolio”.The at least $25m cost reset will be driven by a “recently commenced” organisational restructure and a review of the store network portfolio. Presentation slides showed 21 stores...

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