article thumbnail

KMD Brands suffers lower sales as consumer sentiment weakens

Inside Retail

Outdoor brands retailer KMD Brands has reported lower sales in the first four months of FY24 reflecting weaker consumer sentiment. per cent, respectively, as wholesale sales for both brands declined, with retailers reducing inventory in the short term. Sales fall 12.5 Rip Curl and Oboz’ sales tumbled 5.7 per cent and 18.2

Consumer 130
article thumbnail

As DTC Business Wanes, Solo Brands Taps New President and CEO

Retail TouchPoints

15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., Metz has more than 25 years of experience leading consumer and durable goods companies. ” Despite less-than-stellar sales for its direct business, Solo Brands has been seeing a hearty boost in its wholesale division. .”

Outdoor 282
Insiders

Sign Up for our Newsletter

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

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. Despite a challenging wholesale market, group wholesale sales grew by 11 per cent.” Sales grew 12.6

article thumbnail

Top Wholesale Easter Products

Independent Retailer

Get these items from wholesale suppliers and profit for the holiday. Some of the most popular items consumers love to include in an Easter basket are chocolate bunnies, individually wrapped candy, arts and crafts, chewy candy, and bunny stuffed animals. Easy profit margin at wholesale quantities. Four Seasons 323-826-1199 www.4sgm.com

article thumbnail

Hoka’s head of Apac distribution and e-commerce on stepping up its presence

Inside Retail

The outdoor brand has plans for an aggressive retail expansion while simultaneously continuing its community-building initiatives. Prasanna Bhaskar: The Hoka online and wholesale businesses have shown 20 per cent growth in Australia and New Zealand over the past year. Exciting projects are in the works for our Australian consumers.

Outdoor 279
article thumbnail

Kathmandu powers record first half for KMD Brands

Inside Retail

Outdoor apparel retailer KMD Brands has reported a “record” first half driven by strong sales recovery across all three of its brands. per cent of direct-to-consumer (DTC) sales. Group CEO & MD, Michael Daly, said all three brands delivered strong sales growth in the half despite uncertainties in consumer outlook.

Outdoor 246
article thumbnail

Georg Jensen bought by Royal Copenhagen parent

Inside Retail

Fiskars Group is a global home of design-driven brands for indoor and outdoor living including Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin Arabia, Waterford, and Wedgwood, with presence in more than 100 countries. million (US$161 million).

Outdoor 264