KMD Brands reports net loss amid equity raise, chairman David Kirk resigns
The company previously raised $180m in 2019 to buy Rip Curl and a further $207m during Covid in…
KMD Brands shuts down Rip Curl de-merger proposal as former Billabong execs fall short
KMD Brands chairman David Kirk today said the proposal created no value for shareholders, and was challenging from…
NZ sharemarket dips as big stocks weigh despite KMD Brands gain – Market close
“There’s been some positive releases today in New Zealand and the general flavour is glimpses or even maybe…
Kathmandu owner KMD Brands tells shareholders it paid too much for footwear brand Oboz
“We have taken steps to manage the cyclical downturn and market volatility we have seen in the last…
Should KMD sell assets? Four questions for Synlait – Stock Takes
KMD said it had “funding headroom” of $235m. Following the announcement of 21 future store closures across the…
NZ sharemarket edges higher despite KMD loss, new RBNZ Governor – Market close
“There’s not a lot happening. It was a bit of a cautious handover from Wall Street, just off…
Kathmandu parent KMD Brands swings to deeper $93.6m loss in 2025
Key to this was gross margins, which fell from 58.4% in 2024 to 56.5% in 2025, reflecting the…
KMD Brands to close 21 stores in $25m cost-saving strategy
“What I’ve seen is clear: the potential of our brands is far greater than what we’re delivering today.”…