Retail
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Retail
Paymark wins bid to keep some secrets from rival
By Victoria Young Aug. 23 (BusinessDesk) - A High Court judge has ruled against an attempt by the founder of locally owned Payment Express, Andy Cullen, to peruse confidential documents relating to its competitor, French-owned Paymark's pricing and strategy as part of a “hard-...
Retail
NZ retail sales growth stalls in June as prices play catch up
By Rebecca Howard Aug. 23 (BusinessDesk) - Retail sales growth stalled in the June quarter, although rising prices helped the value of sales catch up from a lull earlier in the year. Retail sales volumes rose a seasonally adjusted 0.2 percent in the June quarter from 0.7 p...
Retail
Delegat continues to invest after record year
By Victoria Young Aug. 23 (BusinessDesk) - Delegat Group, New Zealand’s biggest listed winemaker, lifted operating net profit by 14 percent in the June 2019 year, but indicated it was unlikely to make further gains next year. The winemaker, whose stable includes the Oyster...
Retail
Skellerup reports record net profit powered by industrial division
By Rebecca Howard Aug. 23 (BusinessDesk) - Rubber goods maker Skellerup Holdings reported a record full-year net profit as its industrial division once again saw strong revenue growth. The Auckland-based company said net profit for the year ended June 30 was $29.1 million,...
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