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

 


Hallmark Awards NZ Distributorship to Kiwi Business


Hallmark Awards New Zealand Distributorship to Kiwi Business
23 June 2014

Iconic brand, Hallmark – the world’s largest greeting card company – has today confirmed its partnership with Kiwi distribution company, Image Gallery, in continuing the distribution of its branded product range in New Zealand.

Hallmark said that long-established, family owned and operated business, Image Gallery, would take over distribution of Hallmark products, which include licensed Disney, Warner Bros and All Blacks products, from August 1.

The move will extend distribution of Hallmark products while significantly increasing the size of the Image Gallery business.

Hallmark International CEO, Russell Parker, said Hallmark had been exploring options to develop a sustainable business model in New Zealand, while continuing to provide high level support to customers.

He said Image Gallery had been selected because of its successful, 30-year history as a home-grown business, the synergy of its product range and its cultural fit with Hallmark.

“We are pleased we can successfully transition the majority of our staff to Image Gallery as these people collectively have extensive knowledge, skills and experience that will contribute to the success of the partnership,” Mr Parker said.

“Regrettably, there will be redundancies and we will be supporting these staff members via our Employee Assistance Programme and outplacement services. It is with sadness that we will say goodbye to some long standing Hallmarkers.”

Hallmark will work closely with Image Gallery leading up to and post the handover of operations.

Please also refer to the release issued today by Image Gallery.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news