Colette, The Daily Edited parent Marquee Retail Group collapses
Marquee Retail Group said its unplanned downturn in sales from October 2023 to March 2024 was a result of rising inflation and interest rates.
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Marquee Retail Group said its unplanned downturn in sales from October 2023 to March 2024 was a result of rising inflation and interest rates.
(Reuters) -Virgin Australia's Jayne Hrdlicka stepped down as chief executive on Tuesday, ahead of plans to relist Australia's second largest carrier that have been in the works since it was taken out of administration four years ago. Hrdlicka, who was CEO for four years, led the airline when it purchased by U.S. private equity firm Bain Capital in 2020 during the COVID-19 pandemic. In a statement, Virgin said the time was right for Hrdlicka to hand over, as the airline had returned to profitability in fiscal 2023, and had a strong first half in fiscal 2024.
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New Zealand Vacuum Cleaner Company Limited (the “Company”) has today entered Voluntary Administration. The Company is part of the Australian-owned Godfreys Group and operates the group’s New Zealand retail stores. Godfreys Group’s Australian ...
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