Australian and New Zealand consumers are taking a walk on the wild side with an adventure-focused retailer sharing a trading update today, and a big bank is eyeing off a major software acquisition.
KMD Brands, the parent company of Kathmandu, Rip Curl and Oboz, has impressed investors today with a trading update outlining record performance for Kathmandu?s key winter promotional period, and total sales are expected to be in the range of $955m-$965m for the 2022 financial year.
And Anz has today confirmed it is in talks with KKR with regards to a potential acquisition of leading accounting, tax and other business services provider MYOB. The parties are yet to reach an agreement and there is no certainty the acquisition will eventuate.
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