KMD Brands ‘directly exposed’ to Trump trade war

Unlike Rip Curl and Oboz, Kathmandu doesn’t export to the US. (Image: Jason Ozenham)

Fri, 04 Apr 2025

KMD Brands is one of many global apparel and footwear retailers digesting potentially substantial tariffs on the goods it sources out of Asia. On Thursday, global markets were surprised by the levels at which the United States intended to set tariffs on Southeast Asian countries, where many of the industry's goods are manufactured.By early evening, sportswear group Nike was down 14.4% on the New York Stock Exchange (NYSE), and Adidas shares closed 11.7% down. Jarden analyst Guy Hooper said the reasons those stocks fell also apply...

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