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Retail
Briscoe’s Duke expects to avoid job losses in tough 2020
Briscoe Group managing director Rod Duke doesn’t expect to announce job losses in what he anticipates will be a difficult year for retailers.Duke said the retailer’s strong balance sheet - $67.4 million in cash – will help it ride out the impact of the global pandemic that could...
Retail
Jenny Ruth: JENNY RUTH: Comvita's China costing conundrum
One person's write-off is another's "accounting adjustment" but I'd say Comvita's latest set of first-half results strongly suggest it paid too much to buy out its joint-venture partner in China.However, the accounts for the previous year suggest the joint-venture partner, Li Wan...
Retail
Vista eyes April for China cinema reopenings
Vista Group isn't expecting any significant reopening of cinemas in China until early April.That's even though some cinemas in that country have reopened already following the closures forced by the coronavirus crisis. Chief financial officer Matt Cawte told BusinessDesk the reop...
Retail
AFT guides to upper end of forecast as virus boosts sales
AFT Pharmaceuticals is reporting brisk demand for its cold and influenza-related medicines amid the unfolding coronavirus crisis, although that may not be enough to fully offset the supply-chain disruptions it is grappling with."As news of the covid-19 outbreak emerged at the sta...
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