KMD Brands issues market update
Positive sales trends reported for first five months of 2026 FY, especially Kathmandu. Thanks media for highlighting Next Level transformation momentum.
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Global outdoor, lifestyle and sports company
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In short: KMD Brands posted a $414m loss, launched a strategic review and completed a discounted capital raise.
Positive sales trends reported for first five months of 2026 FY, especially Kathmandu. Thanks media for highlighting Next Level transformation momentum.
The Group CEO Brent Scrimshaw outlines the Next Level strategy, early Kathmandu momentum, Oboz growth pathway and a Q1 FY26 trading update. The webcast is available.
The year featured leadership changes, profitability declined, and the Next Level transformation aims to unlock sustainable growth across its brand portfolio.
The report highlights a rejected takeover bid by Briscoe, the appointment of Xavier Simonet as CEO, and a significant decline in earnings due to trading challenges.
KMD Brands Ltd. (KMD, Group), the New Zealand-based parent of the Rip Curl, Oboz, and Kathmandu brands, indicated Wednesday, ...
It's been a disappointing result for KMD Brands, but the company has indicated growth could be coming. The owner of Kathmandu and Rip Curl has...
Kathmandu owner KMD Brands has suffered a heavy loss in fiscal 2026. But the retailer is claiming that its turnaround ...
Chairman Philip Bowman said the retailer would pursue discussions with a handful of interested parties on a potential sale of the struggling business.
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