NZ Natural expands globally despite volatile NZ dollar

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

Ice cream company New Zealand Natural continues to expand into new export markets despite the volatile NZ dollar.

The natural ice cream maker, which manufactures all of its products in New Zealand, entered its 23rd country by opening its first outlet in Abu Dhabi.

Diane Foreman’s empire last week also bagged the Export Award at the Westpac New Zealand Franchise Awards.

Ms Foreman said being 100% manufactured in New Zealand means the company is “very volatile” to aspects of international trade and the judges had commented on its effective systems and handling of ingredient prices, currency fluctuations and transportation costs.

“They were particularly complimentary about New Zealand Natural’s strong focus on core operational disciplines, commenting that it was an impressive overall submission.”

The former New Zealand Entrepreneur of the Year said research and development is central to the business, which runs its own laboratory.

Last month the company won the French SIAL D'Or Award for its rice sushi inspired ice cream ‘Sooshi’.

 

 


This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7594 0.0000 0.00%
AUD 0.9719 0.0000 0.00%
EUR 0.6980 0.0000 0.00%
GBP 0.5015 0.0000 0.00%
HKD 5.8944 0.0000 0.00%
JPY 90.3750 0.0000 0.00%

Commods

Commodity Price Change Time
Gold Index 1179.0 -18.920 2015-04-24T00:
Oil Brent 65.3 3.380 2015-04-24T00:
Oil Nymex 57.1 -0.510 2015-04-24T00:
Silver Index 15.6 -0.190 2015-04-24T00:

Indices

Symbol Open High Last %
NZX 50 5757.9 5776.4 5757.9 0.13%
NASDAQ 5096.3 5100.4 5056.1 0.71%
DAX 11783.6 11881.0 11723.6 0.74%
DJI 18056.4 18108.9 18058.7 0.12%
FTSE 7053.7 7102.6 7053.7 0.24%
HKSE 27978.4 28089.4 27827.7 0.84%
NI225 20142.5 20142.5 20187.7 -0.83%