Brand sales not on the table for KMD Brands
The outdoor clothing retailer’s largest shareholder had called for the sale of wholesale footwear subsidiary Oboz.
KMD Brands remains confident in its portfolio of brands.
Kathmandu owner KMD Brands is not considering cutting any of its subsidiaries loose, as it looks to manage costs.
On the company’s full-year earnings call, one participant questioned whether Oboz was on the chopping block, calling the subsidiary a “persistent drag” and an “unnecessary
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