All Kathmandu Holdings articles
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News briefsThe founder of Oboz has passed away
John Connelly, a 50-year veteran of the outdoor industry, has passed away at 77 after a long battle with cancer.
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News briefsKathmandu Holdings changes name to KMD Brands
Kathmandu Holdings Limited from New Zealand announced March 2 that it will change its name to KMD Brands Limited. The new name will take effect on March 16, 2022. The NZX and ASX ticker will remain KMD. An announcement on the launch of KMD Brands, its purpose and vision, will ...
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News briefsKathmandu wants to promote the brand in Europe
The Christchurch, New Zealand-based company Kathmandu Holdings is the owner of the eponymous outdoor brand and retailer Kathmandu, as well as Oboz, a North American outdoor footwear brand, and the Australian surf brand Rip Curl, which the company acquired in 2019. So far, the Kathmandu brand has been distributed mainly ...
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ArticleKathmandu is on track for better results
In its second quarter, the profits improved at Kathmandu Holding, which ended Jan. 30, despite the global pandemic’s impact on trading conditions and persistent supply constraints on the group’s Oboz business. In the first quarter, factory shutdowns at Oboz’s suppliers in Vietnam, as previously reported, left the company unable to ...
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ArticleKathmandu Holdings publishes 2021 sustainability report
Source: Kathmandu Kathmandu Holdings Ltd. sustainability report 2021 In its 2021 sustainability report, Kathmandu Holdings provides insight into the CSR and sustainability progress of its three brands, Kathmandu, Oboz and Rip Curl. The group undertook its first Environmental, Social and Governance (ESG) materiality assessment this year, conducted ...
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News briefsKathmandu still sees H1 profits falling
Kathmandu Holdings confirmed it still anticipates profits for the first half ending Jan. 31, 2022, to be lower than the year earlier, after the new financial year began with widespread lockdowns throughout Australasia and Covid-related strains for its supply chain. “The group’s brands are well-positioned to capitalize on growing participation ...
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News briefsKathmandu Holdings appoints new director
Kathmandu Holdings Limited has appointed Abigail Foote as an independent director of the company effective Oct. 15, 2021. Foote is a professional director with over 12 years’ governance experience. With qualifications in both law and accounting, her career has covered both disciplines, focusing on corporate finance, treasury and commercial transactions. ...
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ArticleKathmandu’s sales rise 15% on surfing, hiking boom, but outlook uncertain
Kathmandu Holdings said in a preliminary annual report that its sales increased by 15.1 percent to 922.8 million New Zealand dollars (€551.4m-$646.6m) in the full year ended July 31, 2021, as its Rip Curl and Oboz brands benefitted from a boom in surfing and higher participation in hiking, respectively. Instead, ...
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News briefs
Rip Curl appoints new CEO
Kathmandu Holdings has announced that Brooke Farris will assume the position of CEO of Rip Curl, effective Aug. 16, 2021. The appointment follows the previously announced promotion of current CEO, Michael Daly, to group CEO and managing director of Kathmandu Holdings Ltd. In her new role, Farris will report directly ...
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News briefsKathmandu group issues profit warning
The new Covid-related retail lockdowns in Australia have negatively affected the profitability of Kathmandu Holdings. Its guidance for the financial year ending July 31 has been reduced to underlying Ebitda of 120 million New Zealand dollars (€71.3m-$84.1m) on revenues of NZ$ 930 million (€552m-$651m), which would compare with Ebitda of ...
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News briefsKathmandu signs more green credit facilities
Kathmandu Holdings, which owns the Kathmandu, Rip Curl and Oboz brands, has already been recognized as a certified B Corp. The company has now refinanced its credit facilities with two others where the borrowing costs are linked to the achievement of certain targets for reduced carbon emissions, transparency and labor ...
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News briefsRip Curl CEO steps up to lead Kathmandu Group
Australia-based Kathmandu Holdings has appointed the CEO of the Rip Curl brand, Michael Daly, to head the group, which includes the Kathmandu, Rip Curl and Oboz brands. Daly replaces former CEO and managing director Xavier Simonet, who left the company on April 9 to take the helm at the Australian ...
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ArticleRip Curl still an engine of growth for Kathmandu
Rip Curl continues to support the performance of Kathmandu Holdings. Acquired in October 2019, it allowed the Australian group to improve its revenues for the six months ended on Jan. 31, 2021, as it did before. The group’s total revenues progressed by 12.9 percent from the year-ago period to 410.7 ...
