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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 brand performed well in both online and wholesale channels with online sales growing 14.5

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

Inside Retail

And certainly we’ve already done that from a Rip Curl and Oboz perspective with our wholesale prices in the last season or two. 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

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