KMD Brands ‘directly exposed’ to Trump trade war

KMD Brands ‘directly exposed’ to Trump trade war
Unlike Rip Curl and Oboz, Kathmandu doesn’t export to the US. (Image: Jason Ozenham)
Gregor Thompson
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...

More Retail

Hospitality tech firm Bustle brewing up success
Retail

Hospitality tech firm Bustle brewing up success

App for cafes is steaming ahead with a plan to grow to 5000 customers in three markets.

Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025
Are all Willis’ duopoly-breaking options really on the table?
Retail Analysis

Are all Willis’ duopoly-breaking options really on the table?

A survey of her external adviser's views suggests not.

Gregor Thompson 01 Apr 2025