KMD Brands expects lower sales due to weak consumer sentiment
Inside Retail
MARCH 19, 2024
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. Meanwhile, the group’s gross margin is anticipated to remain resilient at 58.8 ” The company is optimistic that the Rip Curl and Oboz wholesale channels will improve next year. per cent and 21.5
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