Retail
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Cavalier moves ahead with woolly strategy
Cavalier Corp said a positive trading period in June and cost controls helped it reduce bank debt to historical lows of $14.5 million and that it was shifting to an all-natural fibres strategy. In a market update, the wool and carpet company said stock levels had decreased "s...
Mercury keeps NZ Listener as other Bauer mags sell
Mercury Capital will continue to publish New Zealand Listener despite selling off a swag of other titles it had purchased when Bauer decided to pull out of NZ The weekly current affairs title was one of several Mercury had tried to sell following its purchase of magazine giant...
Delegat profits up 37%
Wine maker Delegat Group's unaudited profit after tax for the year to June 30 rose 37 percent to $64.1 million, the company reported. The figure includes fair value movements in its vines and derivatives, which increased profit by $3.3 million this year but had reduced earning...
Election 2020
Ardern hints at mandatory contact tracing for businesses
Prime Minister Jacinda Ardern today warned businesses to encourage contact tracing or she might force it upon them. “My message to businesses is to put that poster up. We’ve always said it was voluntary, but we are at a point where if we don’t see widespread use, we need to ta...
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