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How Is KMD Brands Turning Weather Challenges into Online Sales Wins?

7:40am on Thursday 19th of June, 2025 AEST Consumer Discretionary
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How Is KMD Brands Turning Weather Challenges into Online Sales Wins?

7:40am on Thursday 19th of June, 2025 AEST
Key Points
  • Kathmandu direct-to-consumer sales up 13.2% in early June, offsetting earlier declines
  • Rip Curl direct-to-consumer sales grow, but wholesale remains below prior year
  • Group online sales surge 10.7% year-to-date, boosted by new Kathmandu platform
  • Gross margin down 140 basis points amid competitive pressures
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