KMD Brands posts $93.4m loss as margins shrink and costs climb

KMD Brands posts $93.4m loss as margins shrink and costs climb

Kathmandu parent KMD Brands has posted a statutory $93.4 million loss for the 2025 financial year, driven by continuing difficult trading conditions and an...

KMD Brands Reports Full-Year Loss

KMD Brands, the owner of Kathmandu, Rip Curl and Oboz, has announced a full-year statutory loss of $NZ93.6 million ($83.1 million). This comes despite a 1 per cent increase in sales to $989 million. The company’s earnings were significantly impacted by heavy discounting and weaker margins, contributing to an underlying net loss that widened to $28.3 million from $1.1 million the previous year. KMD Brands designs, markets, and retails outdoor app…