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Air New Zealand loses passion for Virgin

2016-03-30 08:16:02| Airlines - Topix.net

The fact that Air New Zealand boss Christopher Luxon has been unhappy with the progress of Virgin's profit turnaround is a bit of an open secret. It was only a week ago that Virgin Australia's four major shareholders threw $425 million into the hat - a loan to the airline to repair its balance sheet.

Tags: air zealand passion virgin

Destination Maternity gives turnaround update, loses CFO

2016-03-29 19:18:16| Apparel - Topix.net

Destination Maternity says its turnaround efforts are working to drive long-term growth despite a decrease in same store sales during the fourth quarter. The company said that for the fourth quarter ended Jan. 30, same store sales decreased 3.5%.

Tags: update destination loses cfo

Lenovo loses Motorola head amid major reorganisation

2016-03-18 10:51:00| Telecompaper Headlines

(Telecompaper) Lenovo has started a major reorganisation process, realigning divisions and shuffling executives. The company said the moves, which include losing Motorola Mobility head Rick Osterloh, will drive stronger innovation, make more customer-centric products and experiences and grow faster. All changes will become effective on 1 April.

Tags: major head motorola lenovo