New Zealand stores from Marcs and David Lawrence to close

  • News
  • March 10, 2017
  • Sarah Dunn
New Zealand stores from Marcs and David Lawrence to close

Just under a month after the closure of 13 Australian stores was announced, administrator Rodgers Reidy is to close all of the troubled labels’ 10 New Zealand outlets as well.

The businesses were placed into voluntary administration on February 2 by the Sydney-based owner of fashion labels Marcs and David Lawrence, trading in New Zealand as M. Webster Holdings. The factors cited included deteriorating sales, “general market conditions” and poor cash flow.

The permanent closures in New Zealand will remove Marcs and David Lawrence from the Kiwi market as retailers, and will affect 11 full-time staff, 22 part-timers and 11 casual workers.

In a statement, administrator and director of Rodgers Reidy, Andrew Barnden, said:

“Both brands have been operating in New Zealand for more than 10 years. As administrators, we have an obligation to restructure the operations of the Australian and New Zealand businesses while we attempt to sell the business as a going concern.”

“Whilst the stores are permanently closing, New Zealanders will have a great opportunity to purchase quality apparel at discounted prices. We hope loyal customers take advantage of this final opportunity to buy great product from these iconic brands”.

The stores will be discounting stock from today onwards, and will close progressively over the next few months. Store credits and gift vouchers will be redeemed in full only if spent before March 31 and on condition of purchasing an equal amount of goods in-store.

Barnden says 177 Marcs and David Lawrence stores continue to trade. Prior to the closures, the labels collectively operated 52 standalone stores, 11 outlets and more than 140 concession stores operating across Australia and New Zealand.

“Marcs and David Lawrence stores in Australia will continue to trade in Australia until further notice while the administrators are dealing with interested parties,” Barnden says.

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Retailer Ingrid Starnes shares a few of her favourite things

  • Design
  • April 26, 2017
  • Elly Strang
Retailer Ingrid Starnes shares a few of her favourite things

The Register's sister site Idealog is in the middle of celebrating Design Month. It's picked the brains of some of the most interesting individuals in the industry to find out their favourite design-related things, their not-so-secretive side hustles and what inspires them creatively. Here's fashion designer Ingrid Starnes.

Read more
 
 

Air New Zealand’s reputation has no weak spots

  • News
  • April 26, 2017
  • Sarah Dunn
Air New Zealand’s reputation has no weak spots

The latest NZ Corporate Reputation Index has ranked our national carrier New Zealand’s most reputable company, with Toyota again coming in runner-up. This is the fourth year running that the two organisations have been in the top two.

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From farm girl to the bright lights of retail

  • In association with Affin Group
  • April 26, 2017
  • Affin Group
From farm girl to the bright lights of retail

Retail specialists Affin Group would like to introduce their new portfolio manager, Cecile Hayman. Hayman looks forward to serving the retail community in a job she believes is the best in the world – here’s why.

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Made in China, designed in New Zealand

  • Opinion
  • April 24, 2017
Made in China, designed in New Zealand

The recent release of the 2017 Ethical Fashion Report by Baptist World Aid Australia and Tearfund has got Kiwi designer and retailer Annah Stretton thinking about the challenges those in New Zealand's fashion industry now face.

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New rules for children’s nightwear fire-hazard labels

  • News
  • April 24, 2017
  • Sarah Dunn
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