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Struggling Renaissance suffers $1.6m annual loss
Apple

Struggling Renaissance suffers $1.6m annual loss

Renaissance reports net operating loss of $1.68 million, blamed on depreciation, interest expense, and store closures.

By Staff Writer • 5 min read • Mon, 2nd Dec 2013
Renaissance reveals changes to ACG education business deal
Apple

Renaissance reveals changes to ACG education business deal

Renaissance and Academic Colleges Group adjust their agreement so that the transaction will be executed by way of a sale of shares rather than a sale of assets.

By Staff Writer • 2 min read • Mon, 2nd Dec 2013
Struggling Renaissance suffers again
Apple

Struggling Renaissance suffers again

Renaissance, the New Zealand company behind Yoobee retail stores, is forecasting another disappointing financial year after closing four stores.

By Staff Writer • 3 min read • Mon, 15th Jul 2013
40% of Yoobee stores closed yesterday
Apple

40% of Yoobee stores closed yesterday

Apple retailer is closing four stores across New Zealand, with around 15 staff set to be made redundant as a result.

By Staff Writer • 1 min read • Mon, 15th Jul 2013
Steve McLean leaves YooBee's top job
Apple

Steve McLean leaves YooBee's top job

It's understood that the general manager of YooBee, one of New Zealand's largest Apple retailers, has left his post.

By Staff Writer • 1 min read • Mon, 13th May 2013
Renaissance tackles takeover bids with strategic adviser
Renaissance

Renaissance tackles takeover bids with strategic adviser

Company hires Grant Samuel & Associates for a strategic review, saying its weak share price leaves the firm vulnerable to a takeover.

By Pattrick Smellie • 2 min read • Tue, 27th Nov 2012
$800k still unsettled in Renaissance sale
Exeed

$800k still unsettled in Renaissance sale

Over $800k in limbo following Renaissance's business sale to Exeed, amid pending disputes and legal assurances. Renaissance remains optimistic.

By Mike Borgfeldt • 2 min read • Thu, 19th Jul 2012
Has eXeed paid too much for Renaissance distribution?
Apple

Has eXeed paid too much for Renaissance distribution?

eXeed pays a premium for Renaissance distribution despite historical challenges and a reduced credit limit, betting on future synergies.

By Staff Writer • 3 min read • Tue, 10th Jul 2012
Exeed aims to tie up Renaissance
Partner Programmes

Exeed aims to tie up Renaissance

Exeed's acquisition of Renaissance's IT division, poised to become NZ's 2nd largest distributor, hinges on Apple's critical approval.

By Staff Writer • 4 min read • Sun, 1st Jul 2012
Renaissance to sell distie business to Exeed
Apple

Renaissance to sell distie business to Exeed

NZ's Renaissance agrees to sell its IT distie division to Exeed, reshaping its business and focusing on Yoobee brands.

By Mike Borgfeldt • 2 min read • Thu, 21st Jun 2012
Renaissance restoring balance sheet
Apple

Renaissance restoring balance sheet

Renaissance's interim results reveal a return to profit, thanks to its education division and $2.51 million in earthquake insurance claims.

By Staff Writer • 2 min read • Mon, 30th Apr 2012
Armed robbers target Yoobee stores
Apple

Armed robbers target Yoobee stores

In a daring spree, armed robbers hit Yoobee Apple stores twice in months, swiping $18,000 in gadgets, with police eyeing a potential gang link.

By Staff Writer • 2 min read • Tue, 24th Apr 2012

Global Stories

YooBee stories

Renaissance shares drop 33% following $3m loss
Apple

Renaissance shares drop 33% following $3m loss

Renaissance faces a sharp 33% share fall as financial troubles deepen with a £3m loss, despite efforts to stabilize its business operations.

By Staff Writer • 3 min read • Thu, 27th Jun 2013
Renaissance Director and Acting CEO resigns
Apple

Renaissance Director and Acting CEO resigns

Ron Halls resigns as Renaissance Director and Acting CEO for personal reasons, leaving on May 31. Board praises his impactful service.

By Staff Writer • 1 min read • Fri, 31st May 2013
Disastrous financial results for Renaissance
Apple

Disastrous financial results for Renaissance

Renaissance Corporation has today announced a surprise financial result for the six months until 31st March 2013.

By Staff Writer • 5 min read • Tue, 21st May 2013
Apple TV and iPod giveaways
Apple

Apple TV and iPod giveaways

YooBee and Flexirent's new deal offers free Apple TV or iPod Touch on equipment rentals before Jan 31, enhancing tech accessibility for businesses.

By Staff Writer • 1 min read • Wed, 16th Jan 2013
In three months - everything has changed at Renaissance
Apple

In three months - everything has changed at Renaissance

It's been a good few months for the folks at Auckland based technology distributor, retailer and trainer Renaissance.

By Staff Writer • 2 min read • Tue, 10th Jul 2012
Renaissance secures All of Government deal
Apple

Renaissance secures All of Government deal

Renaissance joins ranks as an official Apple supplier for government, winning a pivotal deal to furnish hardware and support through its Yoobee division.

By Staff Writer • 1 min read • Thu, 12th Apr 2012