Tag: business
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QIC lodges plan for $560m next phase of Castle Towers
Queensland Investment Corporation (QIC), has lodged a development application for a $560 million project, the next phase of its Castle Towers Shopping Centre precinct, in Castle Hill, Sydney. QIC is the Queensland government’s investment company. In 1982 Castle Towers first opened, and a further $180 million expansion opened in December of 2019, with further redevelopment…
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No sweat: How a Gold Coast activewear business got dressed for success
When activewear label Cleo Harper launched its brand of feminine-yet-functional activewear in 2016, the activewear market was a lot less crowded. Still, founder and creative director Vanessa Levey decided the brand needed to be different. From its Burleigh base on Queensland’s Gold Coast, Cleo Harper has attracted a global following for its distinctive combination of…
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McDonald’s Ex-CEO fined for allegedly misleading investors about his firing
Disgraced former McDonald’s CEO Steve Easterbrook will pay US$400,000 ($578,000) to settle charges that he allegedly misled investors about the circumstances of his 2019 firing following a relationship with an employee. According to the US Securities and Exchange Commission, McDonald’s fired Easterbrook for “engaging in an inappropriate personal relationship with a McDonald’s employee in violation…
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AI software company Complexica secures additional $1.4m from Perennial Partners
An Adelaide-based AI software company whose platform is used by the likes of Kellogg’s, Pfizer and Endeavour Group (ASX: EDV) to optimise sales and supply chain decisions has secured an additional $1.4 million investment from Perennial Partners. The news comes two months after Complexica received $3 million from the Melbourne-based investment firm, which has also…
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David Jones returns to Australian ownership in $250m deal
After eight years in the hands of South Africa’s Woolworths Holdings Limited (WHL) which purchased the then-listed company in 2014 for $2.1 billion, iconic department store retailer David Jones is set to return to Australian ownership. Sydney-based Anchorage Capital Partners, which has previously achieved turnarounds with brands such as Burger King NZ and Golden Circle,…
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Winners in the 19th Annual Stevie® Awards for Women in Business Announced
14 November 2022 – Fairfax, VA USA: Shining a spotlight on women executives, entrepreneurs, and organizations run by women, winners in the 2022 Stevie® Awards for Women in Business were announced on Friday, November 11. The Stevie Awards for Women in Business is an international competition produced by the creators of the prestigious International Business Awards® and American…
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Laser Clinics Group Opens Its 200th Clinic!
The Australian-based cosmetic company Laser Clinics Group has opened its 200th clinic globally. It’s an exciting time for the brand as they continue to make results-led advanced beauty treatments affordable and accessible for consumers worldwide. Laser Clinics Group officially entered the Canadian market on February 4, 2022, with the opening of its first clinic in…
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Roses Only partnership helps Bundy flower farm to bloom
A partnership between Australia’s largest online retailer of delivered flowers and gifts with Bundaberg’s Robertson Flower Farm has seen both businesses benefit during uncertain times. Roses Only has been in the flower business for over 50 years and its partnership with Robertson Flower Farm allows the company to continue providing the freshest and most beautiful…
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Australia’s Greatest Fish & Chips Shops Announced
The winners of the 2021 Great Australian Fish & Chip Awards, organised by Seafood Industry Australia (SIA), have been announced, with the country’s best fish & chippers in each state and territory crowned. “In every town, across every state and territory, people spruik their fish & chips as number one. So, we’ve listened to the people, and crowned the…
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How Jobkeeper 2.0 Will Impact You
The legislative reforms to the Jobkeeper scheme were officially passed in the senate last week, ensuring that Jobkeeper 2.0 will commence on September 28. The scheme has provided a lifeline to 3.5 million Australians since its launch in March. These changes will see a dramatic reduction in the subsidies eligibility and payment amount. Here is…