KMD Brands still failed to recover in the fiscal first quarter, with all its brands suffering from lower sales.

The group’s total sales declined 5.8 per cent for the quarter ended in October.

Oboz’s sales dipped 8.6 per cent as its wholesale sales plunged 8.5 per cent.

Rip Curl fell 6.7 per cent due to its global direct-to-consumer (DTC) sales and wholesale sales declining 3.4 per cent and 11.2 per cent, respectively.

Kathmandu’s sales slid 2.7 per cent as its New Zealand DTC sales plummeted 15.4 per cent while Australia DTC sales grew 4.3 per cent.

“The group’s first half results are dependent on the key Black Friday and Christmas retail trading periods to come,” said Michael Daly, KMD Brands CEO and MD.

“We remain cautious on consumer sentiment, given the challenging global macroeconomic environment,” Daly added.