Academy Sports + Outdoors Inc., pointing to strong gains across all of its merchandise categories, reported that its fourth-quarter net income rose 416 percent to $91.5 million, or 97 cents per diluted share, from $17.7 million, or 24 cents per share, in the year-ago period. Comparable sales increased 16.1 percent in the fourth quarter ended […]
OPINION As others have pointed out, share and housing market crashes are terrible events that will rip through society like chainsaws in slow-motion if and when they happen. The difference is, of course, that while trading stocks is entirely optional, we end up being housing market captives whether we want it or not. Another difference […]
OPINION: This month events at either end of the country highlighted a fundamental failure afflicting New Zealand’s biggest pre-Covid export earner: tourism. On March 10, Auckland Council heard submissions on when it should reintroduce its Accommodation Provider Targeted Rate (APTR), which it uses to fund Auckland events and destination marketing. The options the Council is […]
Two witnesses who played a key role in helping prosecutors convict a wealthy and prominent businessman will avoid the prospect of prison, despite the Crown considering them “guilty”. Hamish Jevan Goulter and his friend and business associate Allison Edmonds were today revealed as the two immunity witnesses in the trial of a rich-lister, who was […]
Ganni, the Copenhagen lifestyle brand owned and run by husband-and-wife team creative director Ditte Reffstrup and founder Nicolaj Reffstrup, has opened a monthlong pop-up shop at Nordstrom’s New York City flagship. The installation and program of events, which started today and runs through May 2, features activities and storytelling around Ganni’s key responsibility projects and […]
HarperCollins, one of the five largest publishing companies in the United States, has made a deal to acquire Houghton Mifflin Harcourt Books and Media, the trade publishing division of Houghton Mifflin Harcourt, for $349 million. The acquisition will help HarperCollins expand its catalog of backlist titles at a moment of growing consolidation in the book […]
MILAN (Reuters) – A consortium led by Italian state lender CDP is working on a sweetened offer for Atlantia’s stake in Autostrade per l’Italia in a last-ditch attempt to salvage talks over the fate of the motorway business, three sources said.Slideshow ( 2 images )CDP, together with co-investors Macquarie and Blackstone, have been negotiating with […]
Company accounts have generally come through Covid-19 in good shape, but the impact of the pandemic has shown up in the form of inventory build-up and asset impairment, PwC’s chief risk officer, Karen Shires, says. Shires said at the start of the pandemic company accounts were set to take a battering, but in an interview […]
If you are worried you do not have enough money to last through old age, you should audit your expenses to see how you can fix this problem now. Once you know what is at stake, you can take steps to improve the situation. This would be your taxes, insurance premiums and loan payments. Please […]
OPINION: Markets where prices never fall are unhealthy and almost always artificially distorted by bad policy. Share markets rise and fall every day. Every year or so they fall a lot – more than 10 per cent and we call that a correction. Once a decade or so they crash – falling more than 20 […]