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

 


CXC Hosiery Company Founder Set For Harvard: PM Scholarship

CXC Hosiery Company Founder Set For Harvard On PM Business Scholarship

A handful of compliments about tights she’d been sent from overseas is the spark Corinne Callinan needed to create her million-dollar hosiery business – now she’s set for Harvard as one of the 2012 Prime Minister’s Business Scholarship recipients.

Alongside some of the world’s brightest business minds, CXC founder Callinan will attend Harvard Business School’s Advanced Management Program in Boston.

Callinan will travel to Harvard in April next year and spend eight weeks completing the postgraduate management course.

“I'm honoured to have been chosen and intend to relish the experience. I think the best way I can say 'thank you' is to grab it with both hands and gather as many skills as I can,” says Callinan.

“My objective is to get updated on global issues, strategic business planning and international business leadership. The more I can develop myself and the company, the more opportunity I can provide for the 45 women who are part of this company’s success and the more future wealth I can generate for the country’s economy.”

Established in 2004, CXC’s StepOut hosiery brand has rapidly grown its marketshare to become the number two brand and is now stocked in 340 supermarkets and other outlets around the country.

Callinan has this year released a new eco-range of hosiery, StepOut Nature, which is available in all supermarkets and already contributes to 15% of StepOut’s total sales.

The PM Business Scholarships are designed to build business capability and enhance New Zealand’s opportunity for growth by developing skills in management and international business leadership.

Prime Minister John Key says the scholarships recognise the skills, achievements and potential of some of the best and brightest business minds in New Zealand. Other scholarship recipients were in senior management roles with major New Zealand companies including Beca, Orion Health and Zespri.

The PM Business Scholarship is not the first time Callinan and CXC have been singled out as having high-growth potential, she was recently sponsored to attend the Business Dominoes course after ANZ Bank spotted the hosiery company’s capabilities.

CXC was also previously recognised by Deloitte as one of the fastest growing companies in New Zealand in 2009 and has continued to grow at about 30% year on year.

Callinan will attend an award ceremony for the PM Business Scholarship tomorrow (Tuesday, 13 November) from 5.45pm – 7.30pm, at the Beehive in Wellington.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news