Kathmandu to expand overseas again, as profit climbs 64%
Business model in the UK didn't work; overseas strategy being tweaked. With special feature audio.
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Infrastructure
Kathmandu Holdings [NZX:KMD] will focus on expanding to the US and Europe this financial year, despite having to close unprofitable stores in the UK last year as its strategy there failed to pay off.
The outdoor clothing and equipment retailer lifted net profit after tax 64% to $33.5 million in
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Calida Smylie
Wed, 21 Sep 2016
Wed, 21 Sep 2016
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Kathmandu to expand overseas again, as profit climbs 64%
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