Latest news with #XavierSimonet
Scoop
05-05-2025
- Sport
- Scoop
Gemma McCaw Hopes To Reduce Barriers For Women With New Partnership
Kathmandu - Latest News [Page 1] Gemma McCaw inspires more New Zealand women to get into nature, with new partnership helping remove barriers to the outdoors More >> New Research Shows Kiwis Are More Optimistic Than Ever For The Summer Ahead Monday, 14 November 2022, 3:34 pm | Kathmandu New research has revealed two thirds of New Zealanders and Australians are more motivated than ever to make plans to be outside this summer. While it is expected that time spent engaged in outdoor activities is higher in summer versus winter, ... More >> Website Data Security Incident Wednesday, 13 March 2019, 5:09 pm | Kathmandu Kathmandu has recently become aware that between 8 January 2019 NZDT and 12 February 2019 NZDT, an unidentified third party gained unauthorised access to the Kathmandu website platform. During this period, the third party may have captured customer ... More >> Multisporter and firefighter affected by autoimmune disease Monday, 21 August 2017, 4:56 pm | Kathmandu 21 August 2017 - Wanaka multisporter, cyclist and Queenstown Airport Fire Rescue firefighter Gavin Mason, who went from being one of the fittest firefighters in New Zealand to barely being able to walk, now has February's Kathmandu Coast to Coast ... More >> Kathmandu Sustainability Report Monday, 5 December 2016, 10:48 am | Kathmandu Kathmandu increased their use of sustainable cotton from 38% to 59% in 2016 according to their 2016 Sustainability Report. More >> Kathmandu to help school teams race the Coast to Coast Tuesday, 16 August 2016, 2:25 pm | Kathmandu Kathmandu is encouraging high schools and sports clubs nationwide to nominate a three-person team for the chance to receive the ultimate package for New Zealand's leading multi-sport event - the 2017 Kathmandu Coast to Coast. More >> Kathmandu Climbs Onboard with Coast to Coast Tuesday, 12 April 2016, 10:46 am | Kathmandu The two biggest names in adventure have joined forces to put race on the global map More >> Kathmandu Holdings Limited NZX/ASX/Media Announcement Thursday, 2 July 2015, 10:36 am | Kathmandu Take no action in relation to takeover notice from Briscoe Group Limited for Kathmandu Holdings Limited More >> Kathmandu Launches Instore Appeal for Nepal Thursday, 30 April 2015, 12:43 pm | Kathmandu Kathmandu has today launched an in-store appeal for the victims of the Nepal earthquake. More >> Appointment of Chief Executive Officer Xavier Simonet Friday, 23 January 2015, 12:34 pm | Kathmandu Kathmandu today announced the appointment of Xavier Simonet as the new Chief Executive Officer of the company. More >> New Christchurch Head Office for Kathmandu Thursday, 21 August 2014, 3:26 pm | Kathmandu Kathmandu Holdings Ltd today announced it has committed to a new Christchurch head office which will be state of the art development in the Innovation Precinct in the CBD. More >> Kathmandu Holdings Ltd Re-Aligns Executive Team Wednesday, 28 May 2014, 12:20 pm | Kathmandu Kathmandu's Chairman David Kirk today announced changes to its Executive team structure, enhancing the leadership team capability to support planned future expansion across Australasia and internationally. More >> Kathmandu Expands NZ Distribution Centre Monday, 12 May 2014, 11:36 am | Kathmandu Kathmandu is expanding its National Distribution Centre in Christchurch to support the Company's growth plans including increasing New Zealand store and online sales, and its focus on international sales opportunities. More >> Kathmandu Holdings Ltd Confirms Inclusion in ASX200 Friday, 6 December 2013, 4:05 pm | Kathmandu Kathmandu Holdings Limited (ASX and NZX Code: KMD) has joined the increasing number of dual ASX and NZX registered companies included in the S&P/ Dow Jones ASX200 index following the index's latest quarterly re-balancing this week. More >> Kathmandu Launches New Mobile Website Wednesday, 9 October 2013, 10:21 am | Kathmandu Outdoor clothing and equipment retailer Kathmandu has taken the next step to improve convenience and shopability for its growing mobile customer base with the launch of a new mobile website. More >> Kathmandu Makes Dreams Come True For New Zealand Adventurers Wednesday, 31 July 2013, 4:05 pm | Kathmandu Four New Zealanders from around the country have been awarded scholarships by Kathmandu to attend Outward Bound courses at Anakiwa in the Marlborough Sounds. More >> James Strong Memorial Project for Education in Nepal Wednesday, 29 May 2013, 10:52 am | Kathmandu Outdoor clothing and equipment retailer Kathmandu and the Australian Himalayan Foundation (AHF) today announced the James Strong Memorial Project which will provide additional education funding to benefit children in the Solu Khumbu, one of the remotest parts ... More >> Kathmandu Holdings announces FY13 first half year Tuesday, 26 March 2013, 11:03 am | Kathmandu interest and tax (EBIT) of NZ$15.8 million, for the half-year ended 31 January 2013,an increase of $3.1 million compared with the prior corresponding period. More >>
Yahoo
17-04-2025
- Business
- Yahoo
Collins Foods plans to exit Taco Bell restaurant business in Australia
Australian restaurant operator Collins Foods is planning to withdraw from the Taco Bell business in Australia, shifting its focus towards the expansion of its KFC operations in Germany. The company is in discussions with Yum Brands to transfer the licence for its 27 Taco Bell restaurants in Australia to a new owner. Shares of Collins Foods has experienced a downturn, dropping by 2.7% to A$8.44, in contrast to a 0.4% increase in the broader market index, as reported by Reuters. The move comes after the company reported a 2% decline in Taco Bell's revenue for the first half of fiscal 2025, highlighting pressures from Guzman Y Gomez, a rival in the Mexican food segment in Australia. Guzman Y Gomez, which made its public debut on the Australian market in 2024, achieved 9.4% growth in same-store sales in the first half of the fiscal year while Taco Bell's same-store sales decreased by 0.3%. Collins Foods has also agreed with Yum! Brands to increase the number of KFC outlets in Germany. With only 16 of the 207 KFC restaurants in Germany under its franchise, Collins Foods sees significant growth potential, describing the market as underpenetrated. The company is planning to launch between 40 and 70 new KFC locations up to 2030. Collins Foods anticipates an impairment charge between A$25.5m and A$32.7m ($16.11m to $20.66m) related to its operations in the Netherlands. Collins Foods is an Australian Securities Exchange-listed entity employing more than 20,000 people. In October 2024, the company appointed Xavier Simonet as its new managing director and CEO. "Collins Foods plans to exit Taco Bell restaurant business in Australia" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
15-04-2025
- Business
- Yahoo
Popular fast food chain on chopping block
Taco Bell is set to be sold off by its Australian operator, leaving the popular fast food franchise's future in the country uncertain. Collins Foods - the ASX-listed operator of KFC in Australia and Europe and Taco Bell - says it will sell the Mexican-themed chain, citing challenges competing against the much larger Guzman y Gomez brand. Collins Foods managing director and chief executive Xavier Simonet confirmed they would be exiting their position in the Mexican-themed chain. 'In a challenging economic environment, the customer remains at the heart of our business,' he said. 'We will continue to deliver high-quality food at accessible prices, leveraging the heritage of the KFC brand at a time when consumer trust has never been more important.' Collins Foods, which operates 27 Taco Bells in Australia, said it is in discussions with the American parent company about an exit next year. According to figures released to the ASX in December, the fast food restaurant operators posted a 2 per cent drop in revenue from Taco Bell for the first half of the financial year. Collins Foods' review will also see the business push for aggressive growth in Germany, with plans to expand its KFC chain with 40 to 70 new restaurants in the next five years, and closing restaurants in the Netherlands at a cost of $32.7m. Mr Simonet said several initiatives - including the sale of Taco Bell - would provide strategic clarity and renewed purpose. 'We remain laser-focused on delivering operational excellence in our core market, Australia, where we continue to successfully adapt to a dynamic consumer landscape,' he said. 'We maintain a disciplined approach to capital deployment and operational excellence, optimising our existing network with carefully targeted expansion to ensure ongoing value for customers, partners, and shareholders.'
