LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
Rural trader Farmlands has launched an exclusive new casual clothing range across its 42 stores nationwide and online.
Exclusive to Farmlands, the ‘1972 by Barkers’ represents the co-op’s most versatile choice for rural people, it says.
The co-op reports that in the first week, sales have been strong with almost 1000 pieces sold. The iconic Barkers trackpants is leading the top-sellers.
Farmlands chief executive Tanya Houghton says Farmlands stores are in parts of rural New Zealand that a fashion brand like Barkers normally can’t be.
“We’ve created a range of high-quality clothing that’ll work as hard as our farmers and growers. It’ll last through tough conditions on-farm and also look good down at the local pub or restaurant.”
The range has been named ‘1972’ as a celebration of Barkers’ 50-year history of creating quality menswear. Farmlands says the 1972 collection is another way it’s delivering on its mission to bring more value to farmers, joining Farmlands’ stable of exclusive products and brands that now extends across agrichemicals, animal feed, workwear and rural supplies.
Barkers chief executive Glenn Cracknell is excited about the collaboration. “It really is the perfect partnership with a highly-regarded New Zealand rural brand.”
The first winter collection, featuring merino knitwear, outerwear and classic shirts, is now available from select Farmlands stores and online.
Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.
One of New Zealand’s largest fertiliser plants could be forced to shut down for four months as uncertainty looms over gas supply.
Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.
The Environmental Protection Authority (EPA) is consulting on a proposal to ban weedkillers containing chlorthal-dimethyl (DCPA).
August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.
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