The troubled owner of retail brands Rip Curl and Kathmandu said overall sales increased in the first three months of the financial year, but gross margins across the business were crunched as it sold ...

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In an appeal to long-suffering shareholders, recently appointed chief executive Brent Scrimshaw has said he can rebuild the business and deliver on its potential, but on Wednesday he revealed a more ...

The parent company of Rip Curl and Kathmandu, KMD Brands posted a mammoth statutory annual loss of $NZ93.6 million ($A105 million), the business’s most disastrous ...

In its latest investment presentation, KMD Brands told investors it was looking to close a further 14 stores across the group over the next financial year. The business will also add six new stores, ...

Revenue Growth: Sales increased by 1% year-on-year. Gross Margin: Decreased by 1.9% to 56.5%. Underlying EBITDA: Decreased to $17.7 million from $50 million last year. Net Loss After Tax: $93.6 ...

Kathmandu owner KMD Brands has reported stronger trading at the start of this financial year, as management attempts to turn around the loss-making business and stave off pressure from some investors ...

Another tough week for brick and mortar retail. Outdoor goods retailer KMD Brands, who owns the likes of Kathmandu and Rip Curl, has announced the closure of 21 stores across its network. It’s making ...

Parent company KMD says the retailer will shut 21 stores across its network as it looks to boost profits and lift its falling share price. According to its latest statement to the market, changes will ...

The dual-listed company, which also owns the Oboz Footwear brand, said it was reviewing its portfolio of more than 328 company-owned stores and had already identified 21 for closure. The stores were ...

KMD owns well-known brands including Kathmandu, Rip Curl and shoe brand Oboz. Photo / RNZ, Nate McKinnon Outdoor goods retailer KMD Brands is planning a major shake-up of the business as it looks to ...