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Russel Creedy, group CEO, joined the business in 2001 as supply chainmanager and served as GM for Pizza Hut in New Zealand. He took on the CEO role in 2007. Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded food retailchains.
Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 Noni B had struggled for sales growth from 2007 with earnings tumbling from $8.2 million, but Noni B’s best days were behind it. million in 2006 to a $7.8 million loss in 2014. W Lane and BeMe brands.
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