KMD Brands
- Updated
- Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- Millie Muroi
Latest
Kathmandu, Rip Curl sales tank amid higher temperatures and lower budgets
KMD Brands’ share price has nosedived after revealing Kathmandu and Rip Curl’s sales have declined.
- Jessica Yun
Warm weather, cost of living tempers Kathmandu’s momentum
The owner of outdoor goods brand Kathmandu and surf retailer Rip Curl has posted record sales – but the global outlook is challenging.
- Emma Koehn
Kathmandu, Rip Curl sales boosted by travellers, firming plans for global expansion
Globetrotting holidaymakers are fuelling strong sales momentum, with the group’s boss bullish on bricks-and-mortar expansion plans despite economic uncertainty.
- Emma Koehn
Kathmandu boss warns of price rises, wetsuit shortages amid COVID disruptions
The chief executive of Kathmandu has warned the retailer may have to start raising its prices in certain markets as inflationary pressures batter the business.
- Dominic Powell
- Exclusive
- Retail
Rip Curl cuts off Russian surfwear distributor amid global corporate exodus
A spokeswoman for Rip Curl’s parent company said as of last week it had ‘temporarily ceased supplying its products to Russia’.
- Dominic Powell
Kathmandu boss ready for ‘revenge spending’ despite lockdown sales slump
The head of outdoors retailer Kathmandu is still positive on the outlook for the rest of the calendar year despite a weak start to the new financial year for the company.
- Dominic Powell
More retail pain to come as Kathmandu warns of $12m lockdown hit
The major outdoors retailer told investors it would not reach its predicted full-year sales and profit forecasts due to the NSW and WA lockdowns.
- Dominic Powell
The puffer jacket trend no one saw coming: colour
Once the domain of tech nerds and hikers, the puffer jacket has become part of the modern urban uniform. But this winter, it’s looking a little different.
- Melissa Singer
‘Shareholders have suffered’: Kathmandu chair digs in over JobKeeper payments
David Kirk has defended Kathmandu’s decision not to repay $18.5 million in government grants and wage subsidies, saying the board did not want to cause more “pain” for shareholders.
- Dominic Powell
Original URL: https://www.watoday.com.au/topic/kmd-brands-uq