Sleeping Duck founders deny freezing out angel investor
The founders of e-retailer Sleeping Duck have denied freezing out an angel investor from active involvement in their company and realising his 20 per cent shareholding.
The founders of e-retailer Sleeping Duck have denied freezing out an angel investor from active involvement in their company and realising his 20 per cent shareholding.
CGI Glass Lewis, ISS and Ownership Matters have told their clients not to put retail veteran Bill Wavish on the board of the gaming and liquor giant.
Retail giants Adairs and Temple and Webster expressed interest in buying shares in a start-up mattress e-tailer after an angel investor leant his “brand and reputation” to boost its value, the Victorian Supreme Court has heard.
Intended to protect consumers, without stifling innovation.
The announcement comes a week after retailer Myer revealed it was nominating Olivia Wirth to its board of directors.
High-end furniture retailer and manufacturer King Living will open a showroom in the US as part of a global growth strategy, banking on a wave of interest in Australian-designed furniture.