Low-cost retailer The 123 Mart Limited has been found guilty by the Commerce Commission for failing to have mandatory safety warnings on children’s toys and clothing.
Frozen yoghurt chain Yoghurt Story has been fined by the Commerce Commission for making misleading claims about their products' health benefits. One of these claims included selling ice cream advertised as a probiotic frozen yoghurt. The chain first opened during the frozen yoghurt boom that swept New Zealand, but has since gone into liquidation.
Strengthened Credit Contracts and Consumer Finance Act 2003 (CCCFA) laws have been enforced on a number of mobile traders for the first time since they were passed in June 2015. Goodring Company Limited and Betterlife Corporation Limited have been fined $98,000 and $73,500 respectively.
Baby products chain Baby City has had nine charges laid against it under the Fair Trading Act by the Commerce Commission over potentially unsafe cots. If it is found to be guilty of breaching the Act, it can be fined up to $600,000 for each breach.
The owner of fro-yo chain Yoghurt Story has been in court over charges alleging they promoted frozen yoghurt products which didn’t contain yoghurt and made false health claims. This follows the rise and fall in popularity of fro-yo stores across New Zealand, with Yoghurt Story going into receivership earlier this year.