![Magic Duke behind Briscoe's record](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Magic Duke behind Briscoe's record
How is it that Briscoe Group is making record profits while other retailers are struggling?
How is it that Briscoe Group is making record profits while other retailers are struggling?
The boss of Briscoe Group says the retailer's record result is thanks to more emphasis on quality.
Kiwi retailer Briscoe Group shines in a challenging market.
Homeware sales at its Briscoes chain rose 4.1 per cent while sporting goods sales through its Rebel Sport outlets gained 7.9 per cent.
Kiwis are being warned to steer clear of emails claiming they could win prizes from well-known New Zealand businesses.
Briscoe Group is maintaining an "optimistic" outlook heading into its fourth-quarter trading.
Kathmandu will pay a bigger dividend after more rigorous inventory management helped fatten margins.
Briscoe Group lifted first-half profit by 33 per cent and hiked its interim dividend after widening gross margins.
Kathmandu says annual profit rose as much as 67 percent as better-run promotions widened the outdoor equipment chain's margins.
Kathmandu is suing its biggest shareholder, Briscoe Group, in an effort to recoup what it spent fending off the rival retailer's failed takeover attempt.
Briscoe Group beat its full-year profit forecast, and said it was "cautiously optimistic" about the year ahead.
Briscoe Group, whose hostile takeover of Kathmandu Holdings was spurned in 2015, expects to report a record full-year profit of $46.5 million.
Shareholder showdown looming over plans to award more than $500,000 to new chief executive.
A shareholder showdown is looming over plans to award A$546,000 in performance rights to new Kathmandu chief executive Xavier Simonet.
Profits are up at Briscoe Group - but Kathmandu shareholders solidly rejected its takeover offer.
Kathmandu is sticking with its recommendation that shareholders reject the takeover offer from Briscoe Group.
David Kirk and Rod Duke go head-to-head in the fight for the outdoor clothing retailer.
Kathmandu today rejected a takeover offer from Briscoe's Rod Duke.
Briscoes says first-half profit rose at least 8.1 per cent, outpacing sales growth in the period, as the company continued to fatten its margins.
Briscoe Group's takeover push for outdoor equipment and clothing retailer Kathmandu is gaining momentum.
Kathmandu's new chief executive, French born Xavier Simonet, is already eyeing up global growth for the outdoor clothing and equipment retailer despite its current market struggles.
Kathmandu's new boss, Xavier Simonet, is not letting a takeover offer distract him as he works to turn around the embattled adventurewear chain.
If I was a Kathmandu shareholder I'd feel chuffed about the Briscoe bid, writes Bella Katz.
He's the great salesman, but can Briscoe Group's Rod Duke sell his bid to buy Kathmandu? Holly Ryan reports.
The dual-listed outdoor apparel retailer has hired Goldman Sachs as its adviser and there will almost certainly be push-back on the pricing of the deal.
Briscoe Group launched its full takeover of Kathmandu, offering 89.7 million of its own shares and $32.3 million cash for the 80.1 percent of the outdoor equipment and clothing chain it doesn't already own.
If successful the takeover would give Briscoe Group access to the Australian market, where Kathmandu already has 100 stores.
Briscoe Group's sales across its homeware and sporting goods retail chains rose 4.3 per cent to $119.8 million in the first quarter.