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.

Outdoor retailer Kathmandu is facing pressure to perform in the coming financial year after a poor 2015 full-year result.

Kathmandu is closing its UK stores after it profits dropped by more than half - a result its chief executive Xavier Simonet described as "disappointing".

What's next for Briscoe Group and its managing director Rod Duke?

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.

Clothing retailer Kathmandu will cut up to 10 percent of its head office staff as it reviews its structure following disappointing financial results.

Todd is the chief operating officer and finance director of Kathmandu - which is the subject of a hostile takeover.

Briscoe Group managing director Rod Duke defends his failed Kathmandu takeover offer saying it "fully reflects the value".

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.

New Zealand shares fell as global uncertainty over China's financial markets and Greece's debt crisis spooked investors. Kathmandu Holdings, Warehouse Group and Restaurant Brands declined in a broad-based selloff.

If I was a Kathmandu shareholder I'd feel chuffed about the Briscoe bid, writes Bella Katz.

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.

D-Day could be approaching for the NZAX's numerous penny dreadfuls.

The first smoke of the funeral pyres was wafting over what remained of Nepal's magnificent Hindu temples.

A newlywed British couple ran for their lives and clung desperately to ice axes rammed into the ground to survive a terrifying wall of snow on Everest after the Nepal earthquake.

New Zealand shares fell, led by Fonterra Shareholders' Fund, after the world's biggest dairy exporter lowered its guidance for dividends

Kathmandu Holdings' first-half result is being described by analysts as disappointing but expected, after the outdoor retailer posted a net loss of $1.8 million.

Waiheke's biggest landowner is challenging zoning classifications on parts of its holdings on the island's eastern tip in the Stony Batter Historic Reserve war fortifications vicinity.

Kathmandu's profit warning this week was a shocker, there's no doubt about it.