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Kathmandu owner holds capital raising at steep discount

KMD Brands raised NZ$65.3 million at a 69% discount to lower debt and stabilize operations after posting a NZ$13.1 million loss in six months, CFO said.

Summary by PerthNow
KMD Brands has been forced to raise funds at a 69 per cent discount, meaning shareholders are about to be stung with sharp losses.

2 Articles

PerthNowPerthNow
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Kathmandu owner holds capital raising at steep discount

KMD Brands has been forced to raise funds at a 69 per cent discount, meaning shareholders are about to be stung with sharp losses.

·City of Perth, Australia
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RNZRNZ
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KMD Brands raises funds to help recapitalise business

The NZX and ASX-listed owner of Kathmandu, Rip Curl and Oboz footwear brands has reported a first half loss of $13.1 million.

·New Zealand
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RNZ broke the news in New Zealand on Monday, March 30, 2026.
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