The Australian arm of a global business is in the hands of administrators.

This is how much it will cost the business to exit.

Last week, they even endured wet weather, cold and darkness.

There’s some very good news for Australian retailers in particular.

This would cause a chain reaction of delayed payments across the sector.

Meanwhile, the Clothing, footwear and accessories category is trading at lower levels.

The retailer has responded to reports that it is about to buy a second US business.

57% of Australians stated that they've streamed at least 20% more content during COVID-19.

"I knew it was essential to review the business model."

COVID-19 has increased this trend.

"Retail jobs are no longer ‘retail jobs'. They are tech jobs with a retail focus."

"We were completely eliminating the possibility of spreading any deadly viruses."

Sales have also increased too.

Despite COVID-19, the retailer is continuing to expand in Australia.

The three retailers were placed in administration this year - but that's not it.

This is how Kathmandu Holdings has traded through the pandemic.