article thumbnail

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

article thumbnail

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 Group sales for the half were recorded at $379.95 million (NZ$407.3 per cent, a loss of $5.13 million. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

“We’re ready”: Menswear brand Yd launches dressed-up store concept

Inside Retail

Simultaneously, Yd has launched a Willy Wonka-esque promotion that will see over 100 suits given away to customers who locate golden tickets in stores, as well as via outdoor advertising. million in FY22, according to The Australian , while net profit jumped to $52.4 Earlier this month RAG said its sales had risen 23.6

article thumbnail

Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

enjoyed an increase in net profit of nearly 400 percent. The company attributed part of the stellar growth in apparel sales to people wanting to get out more as they became less fearful of the pandemic. percent, and sports/outdoor wear rose 43.6 The parent company, Shinsegae Inc., Sales of women’s fashion rose by 34.2