Efforts to restructure and cut costs were not enough to offset falling sales and margins for the premium appliance company.
More than $30m has been sunk into a manufacturing facility that intends to fill a gap in the market.
CEO Teressa Betty is in the midst of trying to meet demand by enacting an $18m transformation at the emissions certification agency.
Simeon Brown sees no problem between Govt and Auckland mayor Wayne Brown, despite the latter popping off about scrapping the regional fuel tax.
Indevin Group revealed its plans to cease Villa Maria’s Māngere operations last August.
Buyers and sellers reaching middle ground as they adjust to post-pandemic ‘new normal’, a law firm forecasts.
Regulator says staff saw potential breach of Commerce Act by big four electricity companies, but ‘has limited competition enforcement resources’.
Toby Thomas-Smith and investor Blackbird Ventures have posted explainers for the subletting startup’s sudden change in direction.
Hoyts parent company China's Dailan Wanda Group has been bought by a fellow Chinese conglomerate, throwing the sale of the ANZ cinema business into doubt.
Private equity giant’s new Asia Pacific Infrastructure Investors II fund follows inaugural US$3.9b fund, which supported Ritchies’ acquisition in 2021.