Profits have been eaten up by rising operating expenses and ongoing promotions across Kathmandu, Rip Curl and Oboz Footwear.

KMD Brands posted higher net loss despite an increase in sales in the fiscal first half. The group’s net loss broadened year over year to NZ$16.1 million from NZ$6.9 million while revenue climbed 0.5 ...

Surfers and campers are forgoing new wetsuits or puffer jackets with retailer KMD Brands’ losses more than doubled for the first half. This was having a bruising impact on the surfing, camping ...