THOSE doubting arts sponsorship is not good for business need look no further than Wesfarmers. The conglomerate has long been a supporter of the arts and its chief, Richard Goyder, took centre stage last week to unveil a high-profile recruit to the Western Australian Symphony Orchestra - a new principal conductor Paul Daniel. The event drew a crowd, but more importantly for Mr Goyder it also brought to town Richard Allert, Coles chairman and a director of the Australia Business Arts Foundation. The pair sat side-by-side during the WASO press conference. Wesfarmers of course is making a play for Coles after the retailer put itself up for auction earlier in the year. But it’s had its fair share of frustrations, with a consortium led by Kohlberg Kravis Roberts getting exclusive access to the Coles’ books. On the same day Mr Goyder and Mr Allert were beaming about the WASO appointment, Wesfarmers issued a press release welcoming assurances made by Coles that the retailer would give all interested parties a fair go and it too would get access to the books.
© Business News 2018. You may share content using the tools provided but do not copy and redistribute.