Why Turners kicked vendor off car yards

Why Turners kicked vendor off car yards
Victoria Young
Turners Automotive chief executive Todd Hunter has been grilled on why he took the drastic step of ordering former Buy Right Cars founder Brandon Orlandini off car yards after a takeover deal went sour.The NZX-listed company’s court case against entrepreneur Orlandini continued in the High Court at Auckland today.In 2016 Turners agreed to purchase Buy Right Cars in a $37 million deal, which included $22 million of inventory.Three Buy Right Cars executives - Orlandini, his son Nikolai, and manager Quichee Wong - were kept on to help t...

More Retail

Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Country Road loses court battle over duties
Retail

Country Road loses court battle over duties

Country Road has been ordered to retroactively pay $2.5 million in duties and GST.

Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Gregor Thompson 01 Jul 2024
No further divestment plans for SkyCity after GiG sale
Retail

No further divestment plans for SkyCity after GiG sale

SkyCity has no further divestment plans after selling its GiG shareholdings.

Tom Raynel 26 Jun 2024