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


Charlie's wins Hong Kong supermarket order

Charlie's gains Hong Kong supermarket order

Dec. 22 (BusinessDesk) - Juice and soft-drinks company Charlie's Group says it has received its first order from Hong Hong's largest food retailer PARKnSHOP.

It will be trialing its Charlie's and Phoenix Organic products in 60 of more than 230 PARKnSHOP stores over the next three to six months.

Chief executive Stefan Lepionka says the order is a positive step towards a permanent relationship with PARKnSHOP.

“PARKnSHOP sought a meeting with us on a buying visit to New Zealand earlier this year,” Lepionka says.

PARKnSHOP is part of the A S Watson Group which has retail and manufacturing operations in 34 markets worldwide.

In October, Charlie's gained a contract with Australian giant retailer Coles to stock Charlie's Old Fashioned Lemonade and a further 10 of its products in all 750 of its supermarkets in Australia from early November. That followed a trial in 27 Coles stores.

That was a key factor in the company predicting a 43% rise in first-half net profit on a 24% increase in sales.

Charlie's shares last traded unchanged at 18 cents, having traded between 7.5 cents and 19.3 cents over the last 12 months.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>


Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>


Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>