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All but one Valleygirl and Temt stores closed

  • News
  • August 1, 2016
  • Sarah Dunn
All but one Valleygirl and Temt stores closed

Less than two weeks after going into voluntary administration, the company behind New Zealand fast fashion labels Valleygirl and Temt has closed 30 of its 31 stores across New Zealand.

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Kirkcaldie & Stains urges shareholders to reject Mercantile offer

  • News
  • April 28, 2016
  • Elly Strang
Kirkcaldie & Stains urges shareholders to reject Mercantile offer

Kirkcaldie & Stains’ board has asked shareholders to rebuff 78-year-old investment veteran Sir Ron Brierley’s increased bid for the remains of the former retailer. It says Brierley’s offer is too low to recommend to shareholders and a liquidation would be more rewarding.

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Federation Clothing put in liquidation

  • News
  • February 19, 2016
  • Ahmed Bashir
Federation Clothing put in liquidation

After 15 years in business, New Zealand-based streetwear label Federation Clothing has been put into liquidation and is up for sale. It was placed into liquidation as a result of its rising unsustainable debt, which has surpassed $1 million.

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Social scoreboard

Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

 
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Jean Jones back in liquidation

  • News
  • August 6, 2015
  • Sarah Dunn
Jean Jones back in liquidation
Image: shoppingguide.co.nz

Apparently, bad things happen in threes. Iconic New Zealand women’s clothing retailer Jean Jones joined high-end womenswear chain Identity and midmarket chain Shanton Fashions in financial strife when it was put into liquidation by shareholder vote on July 31.

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New hope for Shanton Fashions

  • News
  • July 30, 2015
  • Sarah Dunn
New hope for Shanton Fashions

After more than six months of trouble and uncertainty, a mystery buyer has scooped up womenswear chain Shanton Fashions. Liquidator Gareth Hoole declined to reveal the identity of the buyer, but confirmed that they were based in New Zealand. He told The Register that there would likely be publicity around a rebranding of Shanton, if the buyer chose to go down that path.

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