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HomePosts Tagged "liquidation"

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.

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