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. “Our

article thumbnail

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

Inside Retail

Daly addressed the issue of inflation and price hikes following his announcement of KMD Brands’ first-half results for FY22 , which included a 125 per cent drop in statutory net profit after tax to a loss of NZ$5.5 Earlier this month, the group rebranded to KMD Brands to better reflect its portfolio of global outdoor brands.

Outdoor 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Inside Shinsegae: The Korean department store with a golden boot

Inside Retail

enjoyed an increase in net profit of nearly 400 percent. percent, and sports/outdoor wear rose 43.6 Shinsegae has ambitious expansion plans in addition to continued capital expenditure to keep its existing trophy department stores up to date. The company plans to invest 20 trillion won (US$14.4 Going mega.

article thumbnail

To Thrive in the New Global Ecommerce Marketplace, Toys ‘R’ Us may Need to Think Small

Retail TouchPoints

Games, puzzles, action figures and outdoor toys were especially popular. Profits at Barbie and Hot Wheels firm Mattel were $126.6 LEGO also reported a strong year with net profit up almost 20% to DKK 9.9 With stores closed for most of the year, ecommerce was the main driver of this growth. The Toy Store of the Future.

article thumbnail

Hurry! These Small Business Grants Expire in October

Small Biz Trends

The program aims to improve downtown area businesses through building renovations like adding signage or outdoor seating areas. Hosted in partnership with the Valdosta-Lowndes Chamber of Commerce and the Black Business Alliance, the program is funded through the American Rescue Plan Act. Marie Downtown Revitalization Grants.

article thumbnail

How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

Seven more stores are planned for opening this year. Net profit came in at 1.6 For example, they tend to have comprehensive ranges of white goods, indoor and outdoor izefurniture, digital products and even sporting goods. For now, HomePro operates 92 HomePro and 21 Mega Home stores in Thailand, plus seven in Malaysia.

Marketing 130