Retail
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Pricewise founder surprised liquidation took so long
When Polar Capital paid $2.3 million for the business in October 2020, it had 18 outlets. When liquidators were appointed, just the Nelson store was trading.
Economy
Covid cited as discount retailer Pricewise collapses
Colin Neal's Polar Capital was not enough to save the struggling retailer.
Markets
Ebos doesn't overpay for businesses it buys: CEO
Ebos chief executive John Cullity said multiples these days tend to be between seven and nine times operating earnings, up from 5.5 times to six times five years ago.
Markets
Free
Kathmandu shares fall as covid bites into first-half earnings
Kathmandu said covid lockdowns sliced $35m off its first-half earnings.
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