What next for The Warehouse after sinking $83m into Torpedo7?
Retail stocks The Warehouse Group and KMD Brands, owner of Kathmandu and Rip Curl, hit historic lows this week. Analysts say poor decisions amid a slowdown...
Source: nzherald.co.nz
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KMD ASX: Kathmandu owner to all-time low as weather wreaks havoc on sales
Unseasonably warm weather hurt sales of puffer jackets at Kathmandu, compounding an already weak consumer environment.
Source: afr.com
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Market close: KMD's all-time low, Kathmandu store sales forecast to fall
A dogged New Zealand sharemarket, again falling more than half a per cent, continued to show no mercy on soft earnings updates, with KMD Brands (formerly...
Source: nzherald.co.nz
Rip Curl Sales Down On Tough Prior-Year Comp, Market Conditions
Rip Curl parent KMD Brands announced Rip Curl’s sales dropped in the first half on weak consumer spending and wholesale challenges.
Source: shop-eat-surf.com
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Kathmandu's shares plunge 24pc on sour sales shock
Sales of Kathmandu and Rip Curl outdoor clothing are suffering amid a consumer spending slowdown and after an anti-climatic Christmas shopping season. KMD...
Source: nzherald.co.nz