Kmd Brands Limited · NZX:KMD

Kmd Brands — Kathmandu Holdings — Macquarie Connections – Australia Conference 2013

28 slides from Kmd Brands's conference presentation, May 1, 2013

  1. Slide 1: Macquarie Connections – Australia Conference

    For personal use only Macquarie Connections – Australia Conference 1 May 2013 Mark Todd, CFO

  2. Slide 2: Content

    Content For personal use only • Business Overview • Kathmandu Re-Branding (Store development focus) • Growth Strategies • Trading Update • Q&A

  3. Slide 3: Kathmandu Business Overview

    For personal use only Kathmandu Business Overview

  4. Slide 4: Business Overview

    Business Overview For personal use only Leading retailer of clothing and equipment for travel and adventure in Australia and New Zealand, founded 1987 • Vertically integrated business from in-house design team to company-owned 130 store retail chain. • Primarily designing/ sourcing/ selling technica

  5. Slide 5: Growth since IPO, November 2009

    Growth since IPO, November 2009 For personal use only Group Sales (NZ$m) $347.1 Current Analysts’ consensus $306.1 FY13* $245.8 Full Year $215.6 • Sales c.$387m FY09-FY12 • EBIT c. $63m (FY10 $47.9m) • NPAT c.$41.0m (FY10 $25.2m) *(Bloomberg 24 April) FY09 FY10 FY11 FY12 1st Half FY13

  6. Slide 6: Growth in Market and Key Competitors, Australia/NZ

    Growth in Market and Key Competitors, Australia/ NZ For personal use only Kathmandu continues to grow market share through Kathmandu +50 strategies focussed on: BCF +46 Anaconda +11 • Store expansion and location optimisation; Ray’s Outdoors +16 FCO (new 2012) +13 • Brand positioning; Mountain Desig

  7. Slide 7: Product Development & Inventory Investment through FY11 and FY12

    Product Development & Inventory Investment through FY11 and FY12 For personal use only • SKU count (current range per season) increased from c.3500 to 5000. • Designers head count increase and Australian team established. • Up weighting Australian design initiatives. • Apparel focus, but also releva

  8. Slide 8: Product Re-branding

    For personal use only Product Re-branding

  9. Slide 9: Website redevelopment including re-branding

    Website redevelopment including re-branding For personal use only New Website Go-Live in 2012, enabled new branding to be incorporated in upgraded site

  10. Slide 10: Kathmandu Re-Branding: Store Development Strategy

    For personal use only Kathmandu Re-Branding Store Development Strategy

  11. Slide 11: Store Development and the Re-branding Opportunity

    Store Development and the Re-branding Opportunity For personal use only

  12. Slide 12: Application of new branding across our varying Store Environments

    Application of new branding across our varying Store Environments For personal use only Three examples 1. Flagship stores • External signage application is more prominent due to sites being larger. • Much more prominent use of brand Icon throughout store including sub category signage and fixture su

  13. Slide 13: Flagship stores

    Flagship stores For personal use only Broadway, Auckland External signage application is much more prominent, in tandem with choice of prime locations Camberwell, Melbourne Broadway, Auckland

  14. Slide 14: Flagship stores

    Flagship stores For personal use only More prominent use of brand icon through store including sub category signage. Fixture suite up scaled. Hay Street, Perth

  15. Slide 15: Flagship stores

    Flagship stores For personal use only Sub-category signage and Fixture suite up scaling

  16. Slide 16: Flagship Stores

    Flagship Stores For personal use only Up scaled visual merchandising and large brand graphic application

  17. Slide 17: Mall and Small Formats

    Mall and Small Formats For personal use only External signage application is usually based on mall guidelines.

  18. Slide 18: Outlet Stores

    Outlet Stores For personal use only • Outlet branding differs to any other format (colour and sub branding). • Fixtures scaled back to basics. • Visual Merchandising is to a minimum.

  19. Slide 19: Store Roll Out status April 2013

    For personal use only Store Roll Out status April 2013

  20. Slide 20: Re-branding & Store Roll Out

    Re-branding & Store Roll Out For personal use only • We have opened 40 new stores since the start of FY11. • From end FY11 all new stores have been designed incorporating new brand identity. • In same period we have refurbished or re-located a further 13 stores. • Today 112 stores have the new brand

  21. Slide 21: Kathmandu Re-branding, the Overall Outcome

    Kathmandu Re-branding , the Overall Outcome For personal use only Almost seamless transition as far as the customer concerned The updated branding is: • Fresh - more contemporary, with greater impact and relevancy for consumers. • Flexible – works across multiple touch-points; on product, in stores

  22. Slide 22: Growth Strategies

    For personal use only Growth Strategies

  23. Slide 23: Growth Strategies

    Growth Strategies For personal use only 5 key areas of opportunity and on-going investment: 1. Store rollout • 170 store target for Australia / New Zealand, at least 3 years ahead. 2. Existing store network improvement • A portion of existing portfolio to be re-aligned to our market and product posi

  24. Slide 24: Summit Club growth strategy, further detail

    Summit Club growth strategy, further detail For personal use only • Target one million members. • Currently on track to achieve target, with over 800,000 members. • Increased 25% from same period last year. • More than 50% of total sales are to our members. • Membership has more than doubled in the

  25. Slide 25: Trading Update

    For personal use only Trading Update

  26. Slide 26: Third Quarter Sales

    Third Quarter Sales For personal use only • Total Group sales for the 13 weeks 28 January to 28 April $89.7m, up 12.5% on equivalent 13 week period in 2012 at constant exchange rates. • Same store sales for the same period up 4.1% on 2012 at constant exchange rates. • Sales through to end of March i

  27. Slide 27: Full Year FY13 Outlook

    Full Year FY13 Outlook For personal use only • No change to commentary provided with our 1HFY13 result at end February. • Winter sale in June/July is our largest promotional event each year, and weather is a key variable relevant to relative success of this sale. • We remain confident of a strong pe

  28. Slide 28: Questions?

    For personal use only Questions?

Kathmandu Holdings — Macquarie Connections – Australia Conference 2013 on 6ix