KMD Reports Surge in Online Sales

  • May 05, 2020 NZST
  • Team Kalkine
KMD Reports Surge in Online Sales

During the month of April, Kathmandu Holdings Limited (NZX:KMD) sales were 2.5 to 3 times higher than last year, with the highest growth rates in Australia, the Group’s largest market. Online sales growth increased over April as customers adjusted to online being their only available shopping channel.

  • In Australia, over recent days, most Kathmandu and Rip Curl stores in New South Wales and Queensland have reopened on a trial basis, with robust safety protocols in place;
  • Kathmandu and Rip Curl stores in New Zealand, North America, Europe, Brazil and Japan remain closed and will reopen as soon as Government directives in each jurisdiction allow.

At NZST 01:17 PM, the stock was trading at $0.840 per share, up by 12.00% from its previous close.

 

 


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