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Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 million and net profit after tax jumping 8.6

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KMD Brands profit dives through first half

Inside Retail

Outdoor apparel retailer KMD Brands, formerly known as Kathmandu Holdings, has registered that its Australasian store network suffered significantly in the first half. The business’ net profit after tax fell 124.7 The business’ net profit after tax fell 124.7 Group sales for the half were recorded at $379.95

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. “Rip Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. “Rip Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.

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Price hikes not the only way to deal with inflation, KMD Brands CEO says

Inside Retail

The increased cost of freight and raw materials are driving up prices at Rip Curl and Oboz, where consumers in some markets could soon pay more for items such as wetsuits and hiking boots than they did a few months ago. It’s not going to be an aggressive retail rollout, it’s very much a wholesale and online strategy.”.

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