KMD - Kathmandu

[winner69]

Won't be doing the brand equity any favours but I suspect it's common practise industry wide..

Interesting to see the ranking on this list - https://www.baptistworldaid.org.au/a...hionReport.pdf

That's a very interesting report. Thanks forthe link

A recent BCG article made the point that while 75% of senior executives in investment firms see a company’s sustainability performance as materially important to their investment decisions only 60% of managers in publicly traded companies believe that good sustainability practices influence investment decisions. A big disconnect

A quick look at that report you linked showed Kathmandu and many others are strong on policies/strategies (words onpaper) but not that good in following through. Did you see employee empowerment was marked pretty low - sort of suggesting that the words from thebtop may not have filtered down to the troops (although some would say that shop manager was empowered and showed initiative)

Bad publicity (sticks) and Kathmandu will just have to try harder.

[huxley]

It brings up wider issues in the clothing/fashion industry which are fleshed out in a recent documentary called "The true cost". Here the focus is on "fast fashion" but I read it as a potential issue for clothing manufactures (and other makers of consumer goods frankly) as consumer preferance favours more sustainable business practices and "fair" wages - similar to the shift to free range eggs & organic produce I guess.

(bit vague I suppose but Tegal has a free range brand and I see Lion has continued to extend its craft beer presence). At the end of the day it's just not a good look to be talking big about managing your environmental impact on the one hand and then to have reports staff slashing potentially unused products and dumping in dumpsters on the other… seems to give the old sustainability report a bit less legitimacy..

http://truecostmovie.com

http://www.imdb.com/title/tt0832903/

(sorry if this looks like spam! )

[smtrader]

Boy am i glad to have sold out of kmd

[drcjp]

Meh, storm in a teacup imho. Not a good look but the world will get over it, esp. when its a problem in the industry as a whole. Seems to be a lets bag dairy, retailers, landlords, etc etc. anyone in the media at the moment.

As for the real Kathmandu: http://www.everestuncensored.org/gar...-of-kathmandu/

[couta1]

Meh, storm in a teacup imho. Not a good look but the world will get over it, esp. when its a problem in the industry as a whole. Seems to be a lets bag dairy, retailers, landlords, etc etc. anyone in the media at the moment.

As for the real Kathmandu: http://www.everestuncensored.org/gar...-of-kathmandu/

Will all be forgotten in short order other than by a few who have nothing better to do with their time. Looks like a ripper of a winter heading our way with excellent early snow falls already(Who would have thought a few weeks ago) Sales for KMD will be good aye.

[drcjp]

Love a bit of minor biffo....
https://nzx.com/companies/KMD/announcements/283664

[winner69]

This time a year ago KMD share price was about $1.30

Briscoes made their very generous takeover offer

KMD shareholders rejected it as it was way way not enough

I see share price is $1.30 today

A lot can happen in a year eh

And the temperatures still pretty warm

[huxley]

This time a year ago KMD share price was about $1.30

Briscoes made their very generous takeover offer

KMD shareholders rejected it as it was way way not enough

I see share price is $1.30 today

A lot can happen in a year eh

And the temperatures still pretty warm

But the dividend yield looks a bit better today....

[macduffy]

But the dividend yield looks a bit better today....

Historically, yes. Future dividends have yet to be earned.

[drcjp]

Someone's been taking metamucil today - transactions every 6-7 minutes numbering about 200 shares - nice and regular. Too regular.

http://stocknessmonster.com/stock-quote?S=KMD&E=NZSE