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Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. million and net profit after tax jumping 8.6 Sales grew 12.6 per cent to $1.01 per cent to $97.4

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Accent Group’s sales remain weak in first 19 weeks of FY24

Inside Retail

Wholesale sales have been more challenging, reflecting softer demand from other retailers,” said Accent Group CEO Daniel Agostinelli. per cent, and a net profit of $88.7 The company said that its owned retail sales went up 2.1 per cent while like-for-like sales declined 2 per cent. billion, up 26.3 million, surging 181.8

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KMD Brands profit dives through first half

Inside Retail

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 Oboz’s wholesale and online sales were severely impacted by factory closures in Vietnam. Group sales for the half were recorded at $379.95 million (NZ$407.3 per cent, a loss of $5.13

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Premier Investments’ retail sales rise as brands recover from Covid-19 impact

Inside Retail

Smiggles also signed an agreement with a wholesale partner to open 60 freestanding stores in the UAE, Qatar, Kuwait, Oman, and Bahrain over the next decade. Meanwhile, Premier Investments’ statutory net profit after tax fell 4.9 Gross profit grew 5.4 The brand opened six new stores during the year. per cent to $319.8

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. 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 per cent. “Rip

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Kathmandu Group rebounds in FY22 despite lockdown, supply chain impacts

Inside Retail

The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20. 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 per cent. “Rip

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Kathmandu cuts expectations short as lockdowns bite

Inside Retail

“Trading conditions in the Northern Hemisphere for both Rip Curl and Oboz are particularly strong across our online, retail and wholesale channels, as our group benefits from a diversified mix of channel and geographies.”. The business has had a rough run during the pandemic, with its net profit tumbling 44.5

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