LA Private

June 21, 2024

Narrowing US share gains, Falling global inflation, Govs making RBA’s job harder, Nuclear

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Share markets were mixed over the last week. US shares pushed higher helped by […]

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KMD Brands struggling

Outdoor clothing chain KMD Brands (formerly Kathmandu) has battened down the hatches with the end of the financial year in sight, as a sales recovery stalls and earnings slide. The company informed the ASX and NZX on Friday morning that it anticipates earnings before interest, tax, depreciation, and amortisation (EBITDA) of around $NZ50 million for

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Mosaic Brands facing losses

Women’s fashionwear chain owner, Mosaic Brands (ASX:MOZ), has joined the emerging list of retailers (including KMD and City Chic) confessing to weak trading and possible or actual losses ahead of the end of their 2023-24 financial years. Mosaic outlined a series of problems that have made trading tougher than it was already in the June

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