Supie needs a superhero – can it be saved?

Supie needs a superhero – can it be saved?
Sarah Balle was so confident just a short time ago. (Image: Supplied)
Riley Kennedy
“We’re super stoked with that and the support of our investors.”That was a comment made by Supie founder Sarah Balle, speaking to BusinessDesk earlier this month about the apparent success of their recent capital raise.In a matter of weeks, that support appears to have vanished, with a key investor pulling out late last week and two of its three directors quitting on Friday.On Monday, voluntary administrators were appointed, with roughly 115 staff told they no longer had jobs and Supie was likely to head for liquidation, owing...

More Finance

AJ Park profit up by 4%
Finance Free

AJ Park profit up by 4%

The NZ firm is building a strong international reputation as its profits continue to rise.

Fonterra fattens margins when its farmers are getting squeezed
Finance

Fonterra fattens margins when its farmers are getting squeezed

The co-op released its quarter one results on Thursday.

Riley Kennedy 08 Dec 2023
Fonterra lifts payout, earning forecast
Finance

Fonterra lifts payout, earning forecast

The lift comes after the recent lift in global prices.

Riley Kennedy 07 Dec 2023