Two directors have resigned from Luxe holdings — the owner of Arthur Kaplan Jewellers and NWJ — as the small-cap company moves closer to a JSE suspension for not releasing its annual results on time.

Director Adrian Maizey, who was on board when Luxe was named Taste Holdings and owned Starbucks, Domino’s Pizza, Maxi’s and The Fish & Chip Co, stepped down on Monday with immediate effect...

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