Stocks Down Under 12 June 2020: Freedom Foods Group, Kathmandu, Pro-Pac Packaging
Kathmandu: The bust-out is coming
If there’s one kind of retailer we like right now, it’s the sellers of premium products because the brand loyalty for these kinds of stores tends to be strong. One player definitely in this category is Kathmandu, whose headquarters are in the New Zealand South Island city of Christchurch. The stores in Australia are now open again and Kathmandu stock has started a modest re-rating ahead of a more general unlocking of travel restrictions around the world. This could be one to camp out on for a while.
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