Renaissance chairman Colin Giffney reveals a turbulent future as the company proposes selling the Yoobee School of Design to ACG for NZD $14 million.
Renaissance reports net operating loss of $1.68 million, blamed on depreciation, interest expense, and store closures.
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.
Renaissance, the New Zealand company behind Yoobee retail stores, is forecasting another disappointing financial year after closing four stores.
Apple retailer is closing four stores across New Zealand, with around 15 staff set to be made redundant as a result.
It's understood that the general manager of YooBee, one of New Zealand's largest Apple retailers, has left his post.
Company hires Grant Samuel & Associates for a strategic review, saying its weak share price leaves the firm vulnerable to a takeover.
Over $800k in limbo following Renaissance's business sale to Exeed, amid pending disputes and legal assurances. Renaissance remains optimistic.
eXeed pays a premium for Renaissance distribution despite historical challenges and a reduced credit limit, betting on future synergies.
Exeed's acquisition of Renaissance's IT division, poised to become NZ's 2nd largest distributor, hinges on Apple's critical approval.
NZ's Renaissance agrees to sell its IT distie division to Exeed, reshaping its business and focusing on Yoobee brands.
Renaissance's interim results reveal a return to profit, thanks to its education division and $2.51 million in earthquake insurance claims.
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.
Renaissance agrees to sell its Yoobee School of Design to ACG for $14m, boosting ACG's footprint in NZ's education sector.
Renaissance faces a sharp 33% share fall as financial troubles deepen with a £3m loss, despite efforts to stabilize its business operations.
Ron Halls resigns as Renaissance Director and Acting CEO for personal reasons, leaving on May 31. Board praises his impactful service.
Renaissance Corporation has today announced a surprise financial result for the six months until 31st March 2013.
YooBee and Flexirent's new deal offers free Apple TV or iPod Touch on equipment rentals before Jan 31, enhancing tech accessibility for businesses.
It's been a good few months for the folks at Auckland based technology distributor, retailer and trainer Renaissance.
Renaissance joins ranks as an official Apple supplier for government, winning a pivotal deal to furnish hardware and support through its Yoobee division.
