Good afternoon, The boss of scandal-ridden Country Road Group has conceded the fashion house has suffered its worst financial performance in its history and demands a total relook at its structure, new leadership teams and cutting costs – which will likely lead to job losses. In a strategic play to survive, canned food company SPC, The Original Juice Co and powdered milk business Nature One will merge to create a new, bigger food manufacturer that will have more than $400m in annual sales and a stronger voice when dealing with the supermarket giants. A bankruptcy dispute between billionaire Richard White and Sydney based beauty entrepreneur Linda Rogan “might be ugly”, a court has heard. |