Antipodes sues Chinese distributor

Jem Traylen
Fri, 16 Jul 2021

NZ cosmetics company Antipodes is suing a Chinese distributor in a dispute which began only a year after a service agreement was signed.Antipodes is suing Hong Kong-based Accel for failing to strive to reach, or exceed, sales targets and for selling its products at a significantly discounted rate, damaging Antipodes’ reputation and goodwill. A judgment from the high court in Auckland showed Antipodes and Accel entered into a service agreement in April 2019, but by April 9 2020 Antipodes had notified a dispute relating to inaccurate s...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
NZ dollar rise pinches big exporters
Staff reporters | Fri, 12 Aug 2022

Big exporters like Fisher & Paykel Healthcare and Mainfreight didn't enjoy the NZ dollar jumping against the greenback today.

Primary Sector
Fonterra's FY result looking good
Rebecca Howard | Fri, 12 Aug 2022

The co-op said earnings for the year to July 31 were at the top end of the 25–35 cents per share guidance it has signalled.

Doubling in extreme weather events hits IAG’s margins
Riley Kennedy | Fri, 12 Aug 2022

The insurer's New Zealand arm reported an insurance profit of A$220 million (NZ$242m), down from A$305m. 

Communication the barrier to ‘human firewall’ technology

Communication is the barrier to New Zealand adopting the global Zero Trust cybersecurity strategy, says a new survey.

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.