Tourism Ticker
The Business of Tourism
 
Tourism Ticker
The Business of Tourism

Tourism Ticker

Tourism Ticker
  News   Recovery   Opinion
Tuesday 05 March 2024
Roundup   Jobs   Calendar  

KMD Brands

Weak winter sees Kathmandu sales drop 21st February 2024

Weak winter sees Kathmandu sales drop

KMD Brands says its outdoor retail chain Kathmandu has seen softer trading since June 2023 due to a poor winter.


Kathmandu 1H sales strong 22nd March 2023

Kathmandu 1H sales strong

Kathmandu owner KMD Brands Limited has reported record first-half sales of $547.9m for the six months to 31 January 2023, up 34.5% on the previous corresponding period.


B Corp certification for KMD Brands businesses 8th March 2023

B Corp certification for KMD Brands businesses

KMD Brands Kathmandu, Rip Curl and Oboz have achieved B-Corp Certification, demonstrating their commitmnent to high standards of social and environmental impact, accountability, and transparency.


Travel, tourism spend boosts Kathmandu interims 15th February 2023

Travel, tourism spend boosts Kathmandu interims

The return of travel and tourist-related spend saw Kathmandu stores report sales up 51% for the half-year ended 31 January 2023, compared with the same period a year earlier.


Kiwis yearn for the outdoors over summer – survey 15th November 2022 /

Kiwis yearn for the outdoors over summer – survey

Kiwis are approaching the summer with a sense of optimism and a keen instinct to explore the outdoors for up to 14.5 hours every week, according to a new survey by PureProfile for Kathmandu.


Tourism recovery key factor in growth – KMD Brands 21st September 2022

Tourism recovery key factor in growth – KMD Brands

KMD Brands says the tourism recovery will help drive further growth following sales for the year to July 2022 of $969.8m, up 6.2% on the previous fiscal year.


Kathmandu brand CEO resigns 19th July 2022 /

Kathmandu brand CEO resigns

KMD Brands Group’s chief executive of its Kathmandu brand, Reuben Casey, has resigned after 12 years with the outdoor retailer.


KMD Brands expects FY22 sales of up to $965m 14th July 2022

KMD Brands expects FY22 sales of up to $965m

KMD Brands says its total sales are expected to be in the range of $955m – $965m for the year ending 31 July 2022.


KMD Brands reports $5.5m interim loss 24th March 2022

KMD Brands reports $5.5m interim loss

KMD Brands, formerly Kathmandu, has announced a net loss of $5.5m in the six months ending 31 January 2022.


Kathmandu refreshes corporate strategy 18th March 2022 /

Kathmandu refreshes corporate strategy

athmandu will begin trading under its new name KMD Brands as it executes the rollout of its refreshed corporate strategy and group vision.


Kathmandu guides $9m-$11m 1H earnings as sales improve 14th February 2022

Kathmandu guides $9m-$11m 1H earnings as sales improve

Underlying EBITDA at outdoor retailer Kathmandu is expected to be in the range of $9m – $11m for the first half of its financial year to 31 January 2022.


Trampers, surfers help lift Kathmandu revenue 22nd September 2021 /

Trampers, surfers help lift Kathmandu revenue

Sales of hiking and surfing brands helped lift revenue for FY21, says outdoor retailer Kathmandu.


‘Trapped’ tourists drive retailer’s earnings up 23rd March 2021

‘Trapped’ tourists drive retailer’s earnings up

The company has been able to capitalize on campers, surfers, rock climbers and kayakers trapped in NZ and Australia with time and income.


Domestic travel boosts camping sales – Kathmandu 16th February 2021 /

Domestic travel boosts camping sales – Kathmandu

Camping sales across New Zealand and Australia has helped lift half-year revenue, says outdoor retailer Kathmandu.


Kathmandu CEO resigns 30th November 2020 /

Kathmandu CEO resigns

Kathmandu Holdings Group chief executive Xavier Simonet has announced his resignation after five years with the company.


Lower tourist traffic hits Kathmandu’s results 26th November 2020

Lower tourist traffic hits Kathmandu’s results

Same-store sales were hit by Covid and tourist restrictions with revenue down 26%, says the company.