The new CEO of Stax wants customers to give the troubled activewear brand a ‘second chance’
After the gym label suddenly collapsed with liabilities totalling almost $24 million.
After the gym label suddenly collapsed with liabilities totalling almost $24 million.
The account was one of the reasons why the bank managed to amass 2.3 million customers.
Fresh figures confirm what many already knew: local companies are hurting badly.
Australia is on track to record one of the worst unemployment rises and inflation rates in the developed world, according to sobering projections from the International Monetary Fund.
But brokers insist this doesn’t tell the full story.
Had Firmus proceeded with its planned listing on October 23, it would have been the second-biggest in Australia’s history behind Telstra.
The fast fashion retailer confirmed “names and contact details” had been taken as well as “certain non-personal account related information”, which is reportedly customers’ search history details.
Kirin, Asahi, Sapporo and Suntory are under investigation by Japan’s Fair Trade Commission.
Firmus had appeared set to make the biggest splash on the local sharemarket since Telstra. Just days later, it appears in major trouble.
One of the biggest media mergers in history completed overnight, with Paramount buying Warner Bros. for a staggering $US110 billion ($157 billion).
A report has revealed Stax was “balance sheet insolvent” as early as June 2024,