
ANZ advised of $64m loss if Feltex failed, court told
An independent advisor told ANZ in 2006 it faced a $64 million loss if Feltex went into liquidation and that a trade sale the best way forward.
An independent advisor told ANZ in 2006 it faced a $64 million loss if Feltex went into liquidation and that a trade sale the best way forward.
Feltex hit the stock exchange in 2004 with a promise of strong growth but by the end of 2006, it lay in the hands of receivers.
A former ANZ executive said the bank had serious concerns about the state of Feltex Carpets' finances in 2005.
The five former directors of Feltex Carpets are blaming their accountants for irregularities in financial statements.
As the house of Dolce & Gabbana celebrates 25 years of fashion, the designers reflect on a fabulous career and reveal the secrets of their success.
Lady Gaga is as much about fashion and image as she is about music, writes Zoe Walker.
No one does luxurious, practical outerwear better than the British label Burberry Prorsum, writes Carola Long.
When Gabrielle 'Coco' Chanel created the little black dress in the Twenties, she could hardly have foreseen the sexy leather and lace versions which graced London Fashion Week yesterday.
Stylish, wearable clothes which do not demand a model's body or a film star's lifestyle: that was what several designers delivered at London Fashion Week yesterday.
Cavalier says it is seeing a gradual improvement in sales after the global economic slowdown.
An Auckland fashion boutique has been blasted for its billboard ad campaign.
Designer labels including Kate Sylvester, Karen Walker and Huffer are being hocked off on Trade Me at heavily reduced prices.
NZ-born designer Rebecca Taylor had a healthy dose of masculinity in her fall 2010 ready-to-wear collection at New York Fashion Week.
A free trade deal with the highly protected Indian economy could mean big things for New Zealand agriculture exporters.
The woes of three well-known chains show the pain isn't over yet, writes Maria Slade.