Group CEO Michael Daly said the business continues to feel the impact of Covid-19 lockdowns.
The group ended the year with a underlying net profit of $64 million – more than double what was achieved during FY20.
The Group has 40 stores shuttered in NSW and a further 26 closed in Western Australia.
Lockdown restrictions enacted during FY20 hit many clothing retailers hard, and Kathmandu is no exception.
Outdoor retailer sees strong growth in Kathmandu and Oboz brands.
The campaign will run through Australia, New Zealand, the UK and the US.
Outdoor retailer unveils acquisition on the back of interim profit lift.