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PepsiCo has announced the appointment of Kyle Faulconer as the new CEO of Australia and New Zealand, effective January 2022. Faulconer will replace outgoing CEO, Danny Celoni, who was recently appointed to the Asahi Beverages Oceania Executive Leadership Team…
Banks, insurers and asset managers in New Zealand must make climate change-related disclosures for their businesses as New Zealand becomes a first-mover in green finance laws. All banks with total assets of more than NZ$1 billion ($703 million), insurers with…
Kathmandu has reported a 2.7 percent year-on-year increase in same-store sales in Australia in FY19, and a 3.9 percent decline in same-store sales in New Zealand year on year. Overall, group same-store sales grew 0.6 percent year on year in FY19, the outdoor…
With 14 days left to hit their minimum target, New Zealand-based ethical fashion brand Little Yellow Bird announced it has raised over $151,563 in its equity crowdfunding campaign. The Wellington-based company is offering Kiwis the chance to invest in the…
New Zealand’s long-awaited zero carbon bill will create sweeping changes to the management of emissions, setting a global benchmark with ambitious reduction targets for all major greenhouse gases. The bill includes two separate targets – one for the…
Performance footwear retailer The Athlete’s Foot has confirmed it will be opening at least 12 new stores across New Zealand and Australia in the next year. The news comes as the retailer opens a new flagship in Melbourne Central shopping centre in Australia…
People living in Canterbury spend the third highest amount on eating out after Auckland and Wellington, according to data gleaned from Westpac NZ. The financial firm has drilled down into the data of over 96,000 CashNav app users and determined the spending…
New Zealand operator Spark has added a third evolved packet core node to its mobile network to accommodate surging data traffic and add more resiliency. The company said it has deployed a new node in Porirua to allow it to meet strong demand for mobile data.…
Christine Cross and John Holland will retire from the board of outdoor apparel retailer Kathmandu, with the Kiwi-based retailer announcing replacement directors following an extensive international search. Holland has been a director of Kathmandu since the…
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