Tough Times For KMD Brands - FNArena.com
A mild winter and cycling covid reopening has led to KMD Brands suffering sales weakness
Source: fnarena.com
Stay updated with breaking news from Rip Curl. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A mild winter and cycling covid reopening has led to KMD Brands suffering sales weakness
More light will be shed on the state of play with cash-strapped Synlait Milk on Monday.
The owner of outdoor goods brand Kathmandu and surf retailer Rip Curl has posted record sales – but the global outlook is challenging.
The retailer had its first year of “uninterrupted trade” post-pandemic.
KMD Brands CEO Michael Daly says the hotter weather is a plus for Rip Curl, although there is general softness in consumer sentiment.