KMD Brands reports challenging first half FY24 amidst 14.5% decline in sales

AUCKLAND: KMD Brands Limited, a prominent player in the retail sector, has released its interim results for the first half of the fiscal year 2024, revealing a significant downturn in sales and profits. The Group’s sales plummeted by 14.5% to NZ$468.6 million compared to the same period last year, reflecting the ongoing impact of weak…