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Outdoor apparel retailer KMD Brands has witnessed an increase in sales and netprofit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and netprofit after tax jumping 8.6 million and netprofit after tax jumping 8.6
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’ netprofit after tax fell 124.7 The brand performed well in both online and wholesale channels with online sales growing 14.5
Outdoor retail group Kathmandu has warned of continued stress in its retail stores caused by the spate of lockdowns around the country, with 40 stores shuttered in NSW and a further 26 closed in Western Australia. The business has had a rough run during the pandemic, with its netprofit tumbling 44.5
After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 The group ended the year with a underlying netprofit of $64 million – more than double what was achieved during FY20. “Rip Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.
After a difficult start to the year, outdoor group Kathmandu ended FY21 with relatively strong sales growth of 15.1 The group ended the year with a underlying netprofit of $64 million – more than double what was achieved during FY20. “Rip Rip Curl’s wholesale order books are now significantly above pre-Covid levels.”.
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 netprofit after tax to a loss of NZ$5.5
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