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

 

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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