
Kathmandu shares soar on profit forecast jump
The retailer now expects net profit of $32 million to $35 million for the year.
The retailer now expects net profit of $32 million to $35 million for the year.
Kathmandu has opened its new Christchurch headquarters this morning, with the company backing the quake-damaged city.
Kathmandu is suing its biggest shareholder, Briscoe Group, in an effort to recoup what it spent fending off the rival retailer's failed takeover attempt.
Kathmandu turned to a first-half profit that met guidance and said its operating margin widened as it kept expenses under control.
Kathmandu affirms 2016 profit growth guidance and tweaks marketing to reduce 'sales fatigue'.
Kathmandu hasn't been the only company courting shareholder discontent with questionable pay proposals.
Shareholder showdown looming over plans to award more than $500,000 to new chief executive.
A shareholder showdown is looming over plans to award A$546,000 in performance rights to new Kathmandu chief executive Xavier Simonet.
What's next for Briscoe Group and its managing director Rod Duke?
Profits are up at Briscoe Group - but Kathmandu shareholders solidly rejected its takeover offer.
Kathmandu is sticking with its recommendation that shareholders reject the takeover offer from Briscoe Group.
Clothing retailer Kathmandu will cut up to 10 percent of its head office staff as it reviews its structure following disappointing financial results.
David Kirk and Rod Duke go head-to-head in the fight for the outdoor clothing retailer.
Briscoe Group boss Rod Duke is continuing to talk tough on his firm's plans to acquire Kathmandu, despite his offer being rejected by the retailer's board last week.
Todd is the chief operating officer and finance director of Kathmandu - which is the subject of a hostile takeover.
Briscoe Group managing director Rod Duke defends his failed Kathmandu takeover offer saying it "fully reflects the value".
Kathmandu today rejected a takeover offer from Briscoe's Rod Duke.
Kathmandu's new chief executive, French born Xavier Simonet, is already eyeing up global growth for the outdoor clothing and equipment retailer despite its current market struggles.
Kathmandu's new boss, Xavier Simonet, is not letting a takeover offer distract him as he works to turn around the embattled adventurewear chain.
New Zealand shares fell as global uncertainty over China's financial markets and Greece's debt crisis spooked investors. Kathmandu Holdings, Warehouse Group and Restaurant Brands declined in a broad-based selloff.
If I was a Kathmandu shareholder I'd feel chuffed about the Briscoe bid, writes Bella Katz.
New Zealand shares fell yesterday in a region-wide sell-off as uncertainty over Greece's financial stability overshadowed equity markets.
He's the great salesman, but can Briscoe Group's Rod Duke sell his bid to buy Kathmandu? Holly Ryan reports.
The dual-listed outdoor apparel retailer has hired Goldman Sachs as its adviser and there will almost certainly be push-back on the pricing of the deal.
Briscoe Group launched its full takeover of Kathmandu, offering 89.7 million of its own shares and $32.3 million cash for the 80.1 percent of the outdoor equipment and clothing chain it doesn't already own.
If successful the takeover would give Briscoe Group access to the Australian market, where Kathmandu already has 100 stores.
The first smoke of the funeral pyres was wafting over what remained of Nepal's magnificent Hindu temples.