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Eric Watson’s Naked ambition, 2017 will be the year of living comfortably, New model for bankrolling TV

In NBR's print edition today

Staff reporter
Thu, 26 Jan 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

In NBR today

In Shoeshine, Karyn Scherer writes that eyebrows have been raised in the underwear industry by Eric Watson’s plans for a reverse takeover of an almost-bankrupt underwear-maker in the US.

Mr Watson hopes to list Bendon on the Nasdaq through a backdoor route. But industry insiders believe Bendon has been struggling in recent years, and can’t help wondering if it’s an exit strategy for Watson’s Cullen Investments.

Economics editor Rob Hosking says New Zealand looks pretty good right now – and not just as a tourism destination. “An oasis of stability and safety, with strong economic growth, this country is cutting the most attractive figure it has for a long time.Even the most pessimistic outlook has GDP growth remaining above the long-term trend for the next three years.

Nathan Smith writes that even though everyone expected it, US President Donald Trump’s decision to withdraw from the TPP was still a shock. Those countries that intended to sign on the dotted line are now floundering in their search for ways to maintain free trade’s momentum for free trade.

In Margin Call, Nevil Gibson writes that voters may be defying rational choices but, as consumers, they are undaunted by the prospect of political uncertainty that dominates business commentary.

In fact, they may be welcoming the changes and the maverick moods that go with them.

New Zealand’s listed retailers are due to provide trading updates and it’s not looking rosy for some of them, Calida Smylie writes, with competitive pressures from global chains and online shopping not easing up. Meanwhile, last year’s closure of such high-profile stores as Kirkcaldie & Stains, Pumpkin Patch and Dick Smith sends a message to other retailers that complacency – and taking on too much debt – is a killer.

Nick Grant writes that despite the increasing ubiquity of Nigel Latta, there is something unique about Mind Over Money, the new series he fronts. “Not only was it fully funded by Kiwibank, the financial institution was sophisticated enough to ignore the Golden Rule of television: “She who has the gold, rules.”

All this and more in today's NBR Print edition. Out now

Staff reporter
Thu, 26 Jan 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Eric Watson’s Naked ambition, 2017 will be the year of living comfortably, New model for bankrolling TV
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