Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Correction Regarding Funding For Fashion Week

26 October 2005

Important Correction Regarding Funding For Air New Zealand Fashion Week.

Recent media coverage has incorrectly reported government support for New Zealand Fashion Week as being $750,000 in year one (2001) when in fact the actual amount was $75,000 from Trade NZ and $100,000 from Industry NZ, now combined as New Zealand Trade and Enterprise.

The ramifications of this typographical error are potentially far reaching in terms of NZ Fashion Week Ltd’s future relationships with sponsors and strategic partners, including the government.

We appreciate such errors are commonplace but ask that this correction be filed in your archives or reference library in the Fashion Week file in a bid to prevent wider publication of this erroneous figure.

To clarify;

When Managing Director, Pieter Stewart launched New Zealand Fashion Week in 2001, she received a government grant of $75,000 from Trade NZ and $100,000 from Industry NZ . The now combined government agency, New Zealand Trade and Enterprise contributed $150,000 funding for the event in 2005.

The total cost of the event in 2005 was in excess of $2.8 million with the bulk of funding from the private sector including naming rights sponsor, Air New Zealand and a core group of elite and support sponsors whose continued and generous support is vital to the success and longevity of the event.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news