RBNZ confident inflation back in box this year
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Mulberry Group, the UK franchisor of the luxury retail brand, has stepped in to buy the New Zealand and Australian stores from liquidation. McGarthNicol&rs...
The National Business Review Online is New Zealand's authority in breaking business news and analysis.
A shipping executive says the only question he ever asks is when this whole supply chain crisis will end.
Abigail Dougherty/Stuff Failed homeware store Nido will close for good on Sunday. But the project was plagued by construction and funding problems and when the west Auckland store finally opened, incomplete and months behind schedule, trading was hampered by the city’s level 3 lockdowns. The construction company building the 27,000 square metre store, Vijay Holdings, went into liquidation in November. Magsons Hardware, trading as Nido, went into receivership a month later and was placed into liquidation in February. Kumar is the sole director of both companies. The receivers' first rep...