Kathmandu is an iconic New Zealand company, having been established in 1987 and grown to be a global success. Kathmandu is a leading specialist in quality clothing and equipment for travel and adventure in New Zealand, Australia and the United Kingdom. It has more than 160 stores around the world and is listed on both the NZX and the ASX.
With its global reach comes exposure to fluctuations in exchange rates. Kathmandu’s key currency risks lie in the USD, AUD and GBP. Being publicly listed means Kathmandu needs access to accurate information in a timely manner for its financial reporting. Kathmandu also uses Hedgebook for its hedge accounting.
Kathmandu has recently chosen HedgebookPro as the treasury system to manage its foreign exchange hedging and exposures. As Chris Kinraid, Group Financial Controller, noted “Hedgebook’s functionality satisfies our treasury needs and at a compelling price point.”
Hedgebook welcomes Kathmandu as its newest client in 2016.