Skincare brand Me Today to sell King Honey as losses climb

Skincare brand Me Today to sell King Honey as losses climb
Skincare brand Me Today uses All Black Beauden Barrett in its marketing and his wife, Hannah, sits on the board. (Image: NZME)
Gregor Thompson
Me Today has put its honey division up for sale and announced the former head of skincare company Trilogy and current director, Stephen Sinclair, will take over as chief executive.After posting troubling financials in half-yearly earnings, the company also said it plans to restructure debt and raise capital from shareholders.The company, which uses All Black Beauden Barrett in its marketing, reported revenues of $2.3 million, compared to $3.6m for the six months ending December 31.Total losses after tax climbed to $7.2m, a 2...

More Markets

NZ sharemarket down after yesterday's gain
Markets Market close

NZ sharemarket down after yesterday's gain

The S&P/NZX 50 Index closed at 11,803.28, down 49.52 points or 0.42%.

Graham Skellern 23 Apr 2024
Santana Minerals requests trading halt on ASX
Markets

Santana Minerals requests trading halt on ASX

The trading halt is pending an announcement on a potential capital raising.

Staff reporters 23 Apr 2024
Sky extends BBC content deal
Markets

Sky extends BBC content deal

The extension will see premium British dramas appear on Sky’s channels.

Daniel Dunkley 23 Apr 2024
NZ sharemarket bounces back 0.5%
Markets Market close

NZ sharemarket bounces back 0.5%

The S&P/NZX 50 Index closed at 11,852.8, up 56.58 points or 0.48%.

Graham Skellern 22 Apr 2024