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flag KMD Brands delays results amid failed capital raise and weak investor interest.

flag KMD Brands, owner of Kathmandu and Rip Curl, has extended trading suspensions on NZX and ASX while delaying its half-year financial results. flag The retailer is struggling to secure a reduced capital raise of NZ$65 million amid weak investor interest and is working with Goldman Sachs on refinancing. flag KMD rejected a US takeover proposal and reported mixed performance between its brands.

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