Kathmandu rises above gloom over Amazon effect

Original article by Simon Evans
The Australian Financial Review – Page: 25 : 21-Jun-17

Shares in Kathmandu Holdings have gained about 40 per cent in the last 12 months. The stock has been resilient amid recent bearish investor sentiment toward listed retailers in response to the looming entry of Amazon to the Australian market. Kathmandu has benefited from cold weather in the eastern states in the lead-up to its winter sale, while it reported year-on-year growth of 11.5 per cent in same-store sales in the three months to April 2017.

CORPORATES
KATHMANDU HOLDINGS LIMITED – ASX KMD, AMAZON.COM INCORPORATED, CYAN INVESTMENT MANAGEMENT PTY LTD, BRISCOE GROUP LIMITED, WILSON ASSET MANAGEMENT, BAIN AND COMPANY

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