Having strongly benefitted from Australia's love of puffer jackets in recent times, New Zealand-based clothing retailer Kathmandu has flagged the potential for a record profit this financial year.

In a trading update, Kathmandu revealed its expected total sales would be up 9.6 per cent on the year prior to $NZ545 million ($519.7 million).

Kathmandu chief executive Xavier Simonet. Credit:Justin McManus

Australian same-store sales increased 2.7 per cent, picking up the slack for the company's New Zealand stores, which reported a drop in sales of 3.9 per cent.

At constant exchange rates, the company saw growth of 0.6 per cent across its 167 stores, 118 of which are located in Australia.