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The continued rising costs for retailers is taking a toll on business owners - 11-Mar-2024

The continued rising costs for retailers is taking a toll on business owners - 11-Mar-2024
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

New zealandRed seaDjibouti generalCarolyn youngFreedom furnitureGreenlit brands

Freedom Furniture has reported a 9 2-million-dollar loss in New Zealand - 11-Mar-2024

Freedom Furniture has reported a 9 2-million-dollar loss in New Zealand - 11-Mar-2024
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Red seaDjibouti generalGreenlit brands

Freedom Furniture posts $9m loss, leans on Australian owner Greenlit Brands for financial support

The furniture retailer is relying on its Aussie owner to pay its debts as increased costs, including transport charges affected by Red Sea terrorism, weigh.

Red seaDjibouti generalNew zealandGreenlit brands ptySteinhoff internationalPalmerston northGreenlit brandsGreenlit brands pty limitedFantastic furnitureMiddle eastGood hopePanama canalChinese new year

Asia-Pacific new-biz spotlight: HSBC, Indofood and Kia among biggest media moves | Analysis

Meanwhile, two of the ‘big six’ holding groups buck the trend in creative by boosting activity.

United statesWieden kennedyInterpublic initiativeAustralian government department of jobsDarling basin authorityGrey groupCampaign advertising intelligenceMullenlowe groupAdvertising associatesCampaign advertisingGreenlit brandsWest australian government departmentVisit californiaHavas mediaKasturi cottonPublicis groupe

Allegro Funds is on a dealmaking spree, but its investment are littered with risk

Higher interest rates, less consumer spending means private equity firms like Allegro have more opportunities to snap up struggling businesses.

New south walesWestern australiaSlater gordonChristine holgateJohan krynauwRon bellamyHarris scarfePeter raePhil reedToll groupTeam globalCommonwealth bankPizza hutAustralian renewable energy agencyTaco bellFlynn restaurant group