Business

Kathmandu registers an 85% drop in earnings

[ad_1] Kathmandu Holdings’ earnings fell 85% in its 2020 financial year. The outdoor clothing and equipment retailer posted a net tax profit of $ 8.9 million in the 12 months through July 31, compared to $ 57.6 million a year earlier. The company said the steep drop in earnings reflected …

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STA Travel used clients’ money to cover salaries and rent

[ad_1] By RNZ STA Travel has been using New Zealand client deposits for overseas holidays to cover company salaries and office rentals, RNZ Checkpoint may reveal. In their first report to creditors, Deloitte administrators say they have discovered a “significant mix of funds” within the company’s bank accounts here and …

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Geese go wild near Lake Rotorua

[ad_1] Take a look: A group of unrepentant undesirables are causing a riot near the shore of Rotorua Lake, stopping traffic and defecating on the trails. The geese have moved away from the shore of the lake in Rotorua. Photo: Ben Fraser / Rotorua Daily Post A herd of about …

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