News in Brief
News in Brief
News in Brief
KMD Brands announces $25m ‘cost reset’
KMD Brands said it will take out $25 million in costs as part of a “Next Level” transformation plan aimed at restoring profitability. In materials released alongside its 2025 Investor Day on Thursday, the outdoor retail group said the strategy is designed to "unlock the full...
News in Brief
Lion merges Australia and NZ units
Lion is consolidating its Australian and New Zealand businesses under a single leadership structure and has named Anubha Sahasrabuddhe as chief executive officer. In announcing "Lion ANZ" on Wednesday, the alcoholic beverage company stated that the "simplified approach" will enab...
News in Brief
FMA seeks feedback on tokenised products impact
The Financial Markets Authority (FMA) is seeking feedback on the implications of the growing market for tokenised products.Tokenisation, which involves converting real or virtual assets into digital tokens that can be stored and traded on a blockchain, has the potential to influe...
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