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Lamb flap prices rise to a year high in June; beef, lamb leg stable
By Tina Morrison July 12 (BusinessDesk) - New Zealand lamb flap prices rose to their highest level in a year, driven by increased demand from China where the meat is used in traditional hotpot dishes. Lamb flap prices rose to US$4.40 per kilogram in June, up from US$4.05/k...
NZ guest nights fell in May, snapping 25 consecutive monthly gains
By Tina Morrison July 12 (BusinessDesk) - New Zealand guest nights fell in May, snapping 25 consecutive months of rises, as fewer domestic guest nights offset a gain in international stays. National guest nights declined 0.4 percent to 2.3 million in May from the same month...
Briscoe to defend Kathmandu claim for $3.2 mln of takeover costs
By Paul McBeth July 12 (BusinessDesk) - Briscoe Group will defend a claim by outdoor equipment chain Kathmandu Holdings for $3.2 million in costs incurred during last year's failed takeover bid. Auckland-based Briscoe, which is Kathmandu's biggest shareholder, has already...
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