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Kathmandu lifts annual profit 14% on increased sales, cuts debt levels

Kathmandu lifts annual profit 14% on increased sales, cuts debt levels

By Sophie Boot Sept. 26 (BusinessDesk) - Kathmandu Holdings lifted annual profit 14 percent in 2017 as sales grew in New Zealand and Australia, while it cut its debt levels to record lows. Net profit rose to $38 million, or 18.7 cents per share, in the 12 months ended July...

Sophie Boot 25 Sep 2017
Dumped Fuji Xerox MD Gavin Pollard fights to get job back

Dumped Fuji Xerox MD Gavin Pollard fights to get job back

By Paul McBeth Sept. 26 (BusinessDesk) - Sacked Fuji Xerox New Zealand managing director Gavin Pollard claims he's been made a scapegoat by the Japanese parent over the unit's dodgy accounting and overpayment of sales commissions and is fighting to get his job back.  Pollar...

Paul McBeth 25 Sep 2017
NZ farmer confidence falls on concern about govt policy, commodity prices

NZ farmer confidence falls on concern about govt policy, commodity prices

By Tina Morrison Sept. 26 (BusinessDesk) - New Zealand farmer confidence fell in the third quarter, amid rising concerns about government policies and falling commodity prices. Rabobank said net farmer confidence fell to 38 percent from a record high 54 percent in the secon...

Tina Morrison 25 Sep 2017