Saturday, 5 November 2016

Pumpkin Patch receivers to close 27 stores in Australia, laying off up to 145 people

Pumpkin Patch’s receivers have taken the razor to the failed children’s wear retailer’s Australian stores with plans to close 27 stores nationwide, laying off up to 145 staff.

KordaMentha’s Brendon Gibson and Neale Jackson outlined the Pumpkin Patch and Charlie & Me closures on the other side of the Tasman, which will see 52 staff redeployed to other sites, on top of the projected job losses. The cuts are deeper than what was signalled for New Zealand last month, with the job losses equating to almost 15 percent compared to less than 10 percent in NZ.



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Friday, 4 November 2016

MARKET CLOSE: NZX 50 drops to 4-month low

“We were bloody expensive and now we’re just expensive”



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Fonterra plays up clean, green credentials with new food quality seal

The addition to Fonterra’s branded products of the “Fonterra Trusted Goodness” seal is being rolled out worldwide today



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Hutson returns for another bite of Abano

Partial takeover offer at $10 a share rekindles three year old battle



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9 Spokes launches in UK

Channel partners will mitigate launch challenges, CEO says. With special feature audio.



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Spark shareholders give the thumbs down to virtual-only annual meetings

“The reality is in today’s world is all procedural aspects of the traditional shareholder meetings can now be virtualised”



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Microsoft NZ Blog