KMD Brands, parent of Kathmandu, Rip Curl and Oboz, has posted a $20 million half-year loss despite growing sales year-on-year, a result the company puts down to struggling consumer confidence and wholesale channels.

However, the company believes the momentum is building, with Kathmandu’s sales continuing to improve despite the downturn.

Milford Asset Management's Jeremy Hutton explains further.

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KMD Brands, parent of Kathmandu, Rip Curl and Oboz, has posted a $20 million half-year loss despite growing sales year-on-year, a result the company puts down to struggling consumer confidence and wholesale channels.
However, the company believes the momentum is building, with Kathmandu’s sales continuing to improve despite the downturn.
Milford Asset Management's Jeremy Hutton explains further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jeremy Hutton: Milford Asset Management Equities Analyst on KMD Brands posting a half-year net loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d3d68061-d1ac-4ee3-9059-b2ac0079802e/transcript

Later this week, a court verdict will be determine whether nationalist frontrunner Marine Le Pen can stand in next year's presidential election. 

Recent opinion polls indicate the leader of the National Rally is well-positioned to become France's next head of state.

UK correspondent Gavin Grey says if the appeal follows the original verdict, Le Pen will be declared ineligible for public office.

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Later this week, a court verdict will be determine whether nationalist frontrunner Marine Le Pen can stand in next year's presidential election.&nbsp;
Recent opinion polls indicate the leader of the National Rally is well-positioned to become France's next head of state.
UK correspondent Gavin Grey says if the appeal follows the original verdict, Le Pen will be declared ineligible for public office.
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Gavin Grey: UK correspondent on the upcoming court ruling on Marine Le Pen

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/80cfbe54-f10b-4c71-bfb2-b47f008576c2/transcript

It's been a turbulent time for AI-based investments.

The AI capital expenditure-leveraged Korean and Japanese share markets have recovered from last week's drop, but experts say things are still 'volatile'.

Shane Solly from Harbour Asset Management explained further.

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It's been a turbulent time for AI-based investments.
The AI capital expenditure-leveraged Korean and Japanese share markets have recovered from last week's drop, but experts say things are still 'volatile'.
Shane Solly from Harbour Asset Management explained further.
LISTEN ABOVE

Shane Solly: Harbour Asset Management expert on the 'volatile' state of AI-based investments

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e34d8cc6-4deb-4f75-8984-b47f0083dc23/transcript

The Sleep Store is celebrating 20 years of helping families find the right products for their kids.

The brand has gone from a kitchen table start-up to filling more than 150,000 orders per year.

Co-founder and director Louise Tanguay says it's 'wild' to look back at how much the brand has grown.

LISTEN ABOVE

The Sleep Store is celebrating 20 years of helping families find the right products for their kids.
The brand has gone from a kitchen table start-up to filling more than 150,000 orders per year.
Co-founder and director Louise Tanguay says it's 'wild' to look back at how much the brand has grown.
LISTEN ABOVE

Louise Tanguay: Sleep Store co-founder and director on the company turning 20

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/58ab4c62-f8f9-433e-9681-b47f0082da29/transcript

Jeremy Hutton: Milford Asset Management Equities Analyst on KMD Brands posting a half-year net loss

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