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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Mystery investor pays over the odds for Naked Brand Group stake

Lingerie retailer battles weak balance sheet and Covid-19.

Tim Hunter Mon, 27 Jul 2020

A Chinese investor has paid more than double the market price for a 9.5% stake in New Zealand-based lingerie company Naked Brand Group, owner of the Bendon chain.

Naked Brand Group is in a difficult financial position and said in May it needed to raise $7.1 million by June 30 to continue as a

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Tim Hunter Mon, 27 Jul 2020
Contact the Writer: thunter@nbr.co.nz
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Mystery investor pays over the odds for Naked Brand Group stake
General Business,
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