Fonterra’s plan for a $1b Indian business
Primary Sector

Fonterra’s plan for a $1b Indian business

Fonterra’s head of India says it only needs to capture 4-5 percent of that country’s dairy market to become a $1 billion revenue business, something it could do within seven-to-ten years. Sunil Sethi and three other executives from Fonterra’s Indian joint venture today gave New Z...

Victoria Young 04 Dec 2019
Delegat challenged to have 'super-premium' board
Markets

Delegat challenged to have 'super-premium' board

Delegat Group's collection of veteran directors was challenged at yesterday's annual meeting as a shareholder questioned whether it needed new blood to make sure it matched the winemaker's "super-premium" branding. Shareholder Jenny Miller, a representative of the New Zealand Sha...

Victoria Young 04 Dec 2019
Hallenstein sales up ahead of key Christmas period
Retail

Hallenstein sales up ahead of key Christmas period

Hallenstein Glasson Holdings said its clothing retail chains had traded strongly ahead of Christmas, with sales up by 7.1 percent on the corresponding period. However, despite the increased sales for the 16 weeks to Dec. 1, the retailer's margins remained under pressure, it said....

Victoria Young 04 Dec 2019
What Chinese SMEs want from New Zealand
Primary Sector

What Chinese SMEs want from New Zealand

A visiting Chinese academic says primary industries should be key to Kiwi firms who want to export to the world’s second-largest economy, and they should be doing it online. Zhejiang University of Technology’s Renyong Chi emphasised the importance of the internet economy at the C...

Victoria Young 03 Dec 2019