Fred Ward and Young-chan Jung of Russell McVeagh explain the newly adopted approach to New Zealand's GAAR that was shaped by a Supreme Court decision.
The GAAR provides that a tax avoidance arrangement is void as against the Commissioner and that the Commissioner may counteract a tax advantage obtained from or under a tax avoidance arrangement. Of relevance to the updated Interpretation Statement is the Supreme Court's decision in Frucor delivered in September 2022. The Interpretation Statement is not technically binding on the Commissioner; however, from a practical perspective, it is of use to taxpayers as a risk analysis tool because it provides an updated statement as to the Commissioner's approach to the GAAR.
Inclusive-sizing brand, Universal Standard, was able to turn a 2019 operational crisis into a revenue-driving idea.
Further, Mystery Box is an easy way for new customers to experience the brand. Veksler says that the mystery box is so successful because it offers both a surprise and a compelling value proposition. Originally the mystery box was primarily marketed to repeat customers because the company believed that only customers who knew the brand would be interested. “To save on premium clothes that actually fit, and have fun in the process of purchasing, is a truly unique shopping experience. The company has automated the process to allow for maximum operational efficiency, customer savings, and thoughtful box curation and personalization. The mystery box was immediately successful and got an overwhelmingly positive response from new and existing customers. From a business perspective, the mystery box model is ingenious. The bundling would help to move more inventory per order and the mystery aspect would expedite the decision to purchase, eliminating the contemplation of whether or not to buy a specific product,” says Veksler. “We needed an immediate solution, but not at the expense of the customer experience. We needed warehouse space for these collections, so it was vital for us to move the unaccounted inventory quickly.” This week the company will launch their annual mystery box for the fourth year running. “We found countless new and best-selling styles that were not accounted for in our system.
New stores openings supported income growth, says largest quick service restaurant operator in the Mena region.
The deal to sell more than 2.52 billion shares drew strong demand from institutional and retail investors, generating $105 billion in orders. It was previously traded on the Kuwait Stock Exchange but delisted its shares in 2017. From this year, Americana intends to adopt an annual dividend distribution policy and plans to distribute a minimum of 50 per cent of its profit in dividends, The company intends to maintain a “robust dividend policy” and make a partial dividend distribution of about 75 per cent of net profit attributable to the parent company for the second half of 2022. Americana, founded in Kuwait in 1964, introduced fast-food restaurants in the region in 1970. Assets at the end of January-December period climbed to $1.34 billion, up from $1.09 billion at the end of 2021.
Publishers aren't feeling their best about revenue or the economy overall. https://digiday.com/?p=489027.
(By comparison, 20% of large publishers said they get a large or very large portion of their revenue from branded content.) Just under a third of large publishers (32%) said they get a large or very large portion of their revenue from video ads, putting the revenue source at No. Nearly two-thirds of large publishers (63%) said direct-sold ads account for a large or very large portion of their revenue, and 42% of small publishers said the same — making direct-sold ads the No. 2 source of revenue for large publishers this year, with 49% of respondents from this group saying they get a large or very large portion of their revenue from programmatic. (Only 11% of small publishers said a large or very large portion of their revenue comes from video ads.) About a third of small publishers (31%) said branded content accounts for a large or very large portion of their revenue, ranking it at No. Meanwhile, large publishers (or those with last year’s revenue at least $50 million) are relying on 7.68 revenue sources on average, compared with 8.02 sources at the start of 2022. Produced in partnership with Marketecture The following article highlights an interview between Mark Douglas, MNTN’s CEO, and Ari Paparo, founder and CEO of Marketecture. 3 for small publishers, with 31% saying programmatic accounts for a large or very large portion of their revenue in 2023. Small publishers (or those with a revenue last year of less than $10 million) get their revenue from an average of 4.83 sources as of Q1 of this year, down from 5.41 a year ago. Additionally, it’s likely the difference between small and large publishers can be attributed to resources, at least in part. Digiday’s survey found that, overall, the number of revenue sources publishers rely on has fallen very slightly since the first quarter of last year.
The Bell Food Group has released its latest financial results for 2022 for what it describes as a 'challenging financial year.'
[A-brand](https://www.esmmagazine.com/a-brands) news. Click [subscribe](https://www.esmmagazine.com/subscribe) to sign up to ESM: European Supermarket Magazine. With regard to demand, it noted the trend in favour of simpler products can be expected to continue. [inflation](https://www.esmmagazine.com/tag/food-inflation) is likely to continue, affecting consumer demand. [consumer sentiment](https://www.esmmagazine.com/tag/consumer-sentiment).' [raw materials](https://www.esmmagazine.com/tag/raw-materials)," said CEO Lorenz Wyss.
Holiday group TUI , said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their ...
"Our strategy is clear: quality, cost discipline and market share. Register for free to Reuters and know the full story New products, additional customers, and as a result, more market share and above-average growth are the basis for future increases in revenue and earnings," TUI Chief Executive Officer Sebastian Ebel said. [(RYA.I)](https://www.reuters.com/companies/RYA.I), Wizz Air [(WIZZ.L)](https://www.reuters.com/companies/WIZZ.L) and easyJet [(EZJ.L)](https://www.reuters.com/companies/EZJ.L) showed promising momentum and indicate that consumers are gearing up for their holidays. [(TUIGn.DE)](https://www.reuters.com/companies/TUIGn.DE), said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks following a pandemic hiatus.
The German travel operator said 3.3 million guests traveled with TUI in its fiscal first quarter compared with 2.3 million in the year-prior period.
TUI said current momentum for winter bookings as well as for summer 2023 was encouraging, and that booking figures for the last four weeks were ahead of prepandemic levels and with higher average prices. TUI said revenue for the period ended Dec. TUI AG said Tuesday that revenue for the first quarter of 2023 rose ahead of expectations due to strong travel demand, and that its underlying EBIT loss narrowed.
Tui AG on Tuesday said its loss in the first financial quarter that ended December 31 narrowed amid a climb in revenue on the back of higher travel demand, ...
"Volumes overall in the last four weeks are now above pre-pandemic levels at +5% for The Hanover, Germany-based travel company reported a pretax loss of EUR272.6 million, narrowed by 33% from EUR404.5 million a year ago. Tui said the improvement reflected "strength of demand and a return to a restriction free travel environment achieving levels above pre-pandemic levels."
TUI, the world's largest holiday company, said on Tuesday it was seeing a positive recovery trend for the upcoming winter and summer season, in line with a ...
(( "Our strategy is clear: quality, cost discipline and market share. [[email protected]](mailto:[email protected]); 00447721669853; Reuters Messaging: @joannaplucinska))
A reckoning that most media companies contend with, Blavity Inc has started the revenue diversification efforts of moving from a display advertising-first ...
So it’s definitely been two-fold where yes, there’s brand building on the social channels, but also we’re listening to our audience. We have a strong stake hold in those areas of lifestyle of health and beauty and travel. Produced in partnership with Marketecture The following article highlights an interview between Mark Douglas, MNTN’s CEO, and Ari Paparo, founder and CEO of Marketecture. I like to say if content is king, then video is the crown. We also have content writers and contributors who are going to be creating this content for us. So when talking about things like DIY, [a] franchise that really covers transforming old unattractive pieces into fabulous accents, we want those types of content pieces to be social first. Then in return, we’ve been creating content articles on HomeandTexture.com to showcase some of those items. So we’re definitely exploring all different deliverables when it comes to content creation. Brown said on the latest episode of the Digiday Podcast that the company’s lifestyle brand 21Ninety and travel title Travel Noir were both also pivoting to a commerce-first business model to both bring in a new revenue stream, but also to give readers more assistance from the content they’re already reading. Readers and audiences are focused more on the content that they desire. Because at the end of the day, we want to make sure we are where our audience is. To help with the transition, Melody Brown was hired as Blavity Inc’s new associate vp of consumer media in Sept.
Tampa and Sarasota saw a significant increase in the hospitality industry last year.
When limited to the top 50 markets by total supply, Tampa had the second-highest increase of 33.8%. Tampa also had the highest growth in RevPAR at 25.2%. Sarasota had the second-highest growth amongst all markets, with RevPAR of $157.54.