Business news

    VIDEO: Which brand is impressing investors with strong sales results today?

    VIDEO: Which brand is impressing investors with strong sales results today?
    Video Player is loading.
    Current Time 0:11
    Duration 1:02
    Loaded: 89.79%
    Stream Type LIVE
    Remaining Time 0:51
     
    1x
      • Chapters
      • descriptions off, selected
      • captions off, selected
      • default, selected

      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.

      Get it first, get it fast, get it on Grafa

      Disclaimer

      Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

      Publisher
      Grafa