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NZ consumer confidence falls in third quarter as rising rates dim outlook
By Jonathan Underhill Sept. 22 (BusinessDesk) - New Zealand consumer confidence fell in the third quarter amid signs rising interest rates and a slower pace of economic growth are dimming the outlook and kiwis' spending plans. The Westpac McDermott Miller Consumer Confidenc...
Pumpkin Patch overhauls board, chair Freeman retires
By Suze Metherell Sept. 22 (BusinessDesk) - Pumpkin Patch has continued to refresh its board, with chair Jane Freeman the latest to announce her departure, as the childrenswear chain tries to revive falling sales in a changing retail environment. Peter Schuyt, who has been...
Synlait Milk full-year profit rises 70%, to take 25% stake in New Hope Nutritional
By Jonathan Underhill Sept. 22 (BusinessDesk) - Synlait Milk, which twice cut its earnings forecast, posted earnings growth that met revised guidance and said it plans to take a 25 percent stake Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infan...
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