UPDATE: Kathmandu targets 10% of total sales online, plans 'capital-light' international expansion

Tue, 22 Mar 2016

(Recasts to include executive comments from conference call) By Jonathan Underhill March 22 (BusinessDesk) - Kathmandu Holdings, the outdoor equipment chain that fended off a hostile takeover by Briscoe Group last year, aims to lift the proportion of total revenue it garners online to 10 percent from 6.6 percent currently and is considering a "capital-light" international expansion that would include wholesaling, franchise partnerships and internet sales. The Christchurch-based retailer today posted first-half profit of $9.4 million, m...

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