House of Travel: from record year to closing stores
Services

House of Travel: from record year to closing stores

In 2019 House of Travel had turnover in excess of $2 billion. It's anything but business as usual now. 

Entitled or unethical? Big business and the wage subsidy
Economy

Entitled or unethical? Big business and the wage subsidy

Should a profitable company pay back the wage subsidy?

REBECCA STEVENSON: Tourism Holdings’ great Kiwi plan for profitability
Opinion

Rebecca Stevenson: REBECCA STEVENSON: Tourism Holdings’ great Kiwi plan for profitability

There are few companies, other than perhaps Air New Zealand, which have been as dramatically hit by border closures as Tourism Holdings.

Tourism Holdings slashes staff bill, reports $27.4m profit
Finance

Tourism Holdings slashes staff bill, reports $27.4m profit

Tourism Holdings has reported statutory net profit of $27.4 million, a full-year result chairman Rob Campbell said was “admirable” given the shock to the business from covid-19.It recorded underlying net profit of $20 million, down 28 percent on the prior year result of $27.9 mil...