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Make or break time for Bendon as shareholders prepare to vote on management buy-out
18 Apr, 2021 05:00 PM
4 minutes to read
Heidi Klum on set at a 2014 campaign shoot for Bendon, which is being sold by Naked Brand as it focuses on its e-commerce business. Photo / File
Heidi Klum on set at a 2014 campaign shoot for Bendon, which is being sold by Naked Brand as it focuses on its e-commerce business. Photo / File
Shareholders for the owner of Auckland-based lingerie chain Bendon will this week vote on a management buy-out. Bendon s Nasdaq-listed owner Naked Brand Group (Naked) announced plans earlier this year to restructure and dispose of its
There is no need to panic : Electricity industry takes first steps to prepare for shortages
15 Apr, 2021 11:00 PM
7 minutes to read
According to one analyst, the Huntly Power Station is expected to burn 1 million tonnes of coal over four months. Photo / Doug Sherring
According to one analyst, the Huntly Power Station is expected to burn 1 million tonnes of coal over four months. Photo / Doug Sherring
New Zealand s electricity system is taking steps to prepare for the risk of conservation measures, with Energy Minister Megan Woods acknowledging soaring wholesale prices are putting some companies in jeopardy. Transpower has begun publishing daily reports on the security of New Zealand s electricity supply, with water levels in hydro lakes - the key driver of New Zealand s day-to-day power needs - at unusually low levels.