Margin pressure continues at Michael Hill although sales rise
By Victoria Young | Thu, 16 Jan 2020
Michael Hill International says group sales were up 3.3 percent over the December quarter but gross margins remain below historical levels. The Australasian jeweller said total sales rose to A$20...
Bendon parent Naked needs another US$15m to keep BNZ onside
By Paul McBeth | Wed, 08 Jan 2020
Bendon’s Nasdaq-listed owner Naked Brand Group needs to raise another US$15 million to keep Bank of New Zealand onside.Naked has raised US$32.4 million by issuing new capital and selling convertible n...
Supplements, skincare firm poised for reverse listing
By Paul McBeth | Wed, 11 Dec 2019
Early-stage supplements and skincare firm Me Today is poised to list next year through shell company CSM Group in a deal valuing the company at almost $5.6 million. NZX-listed CSM, formerly Orion...
Gloomy building, farming sectors weigh on new car sales
By Dan Brunskill | Wed, 04 Dec 2019
Uncertainty among builders and farmers weighed on sales of new commercial vehicles in November, which dropped 12 percent from the year earlier.Motor Industry Association figures showed there were 4,21...