Photo: RNZ / Nate McKinnon
Clothing and sporting goods retailer KMD Brands says it is well-positioned to take advantage of an upturn in leisure travel.
Chief executive Mike Daly told shareholders at the company's annual meeting it was looking to improve profit margins for all three of its brands - Kathmandu, Rip Curl and Oboz.
He said there had been a positive response to the launch of a range of innovative products designed to take advantage of the post-pandemic trend for outdoor lifestyles.
However, Daly said the group's first-half results were dependent on the key Black Friday sales on 23 November and Christmas retail trading.
The company intended to update shareholders on its Black Friday sales in mid-December.