Weak update from KMD Brands knocks wind out of share price
Improving sales from outdoor brand Kathmandu remains an ‘immediate priority’ for the company.
KMD Brands suffered under weak consumer sentiment and a warm winter.
Outdoor clothing and equipment retailer KMD Brands has filed a ‘disappointing’ trading update with sales down across all brands, ahead of releasing its interim results next month.
KMD stock was down more than 14% to 53 cents per share by early Tuesday afternoon but fell as low as 47c after the
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