Kathmandu Holdings Limited is engaged in design, marketing and retailing of clothing and equipment for outdoor, travel and adventure. The Company operates in three geographical areas: New Zealand, Australia and the United Kingdom. In apparel its product line includes waterproof jackets, down jackets, thermals, fleece jackets, shirts and pants, merino apparel and thermals, and footwear and socks. Its equipment product line includes packs, bags, sleeping bags, tents, travel accessories and camping accessories. The Company has approximately 70 stores in Australia, 40 in New Zealand and six in United Kingdom. The Company�s subsidiaries include Milford Group Holdings Limited, Kathmandu Limited, Kathmandu Pty Limited and Kathmandu (U.K.) Limited.