Hot Topic Hawke’s Bay

Investment

4 mins to read

From undies to EVs: Naked shareholders approve US acquisition

The former Bendon owner has bought Cenntro Auto Group.

Hamish McNicol Tue, 21 Dec 2021

The shareholders of Naked Brand Group have voted in favour of a deal that will transform the company from an underwear retailer into a commercial electric vehicle business.

The Nasdaq-listed company – effectively a shell after it sold Auckland-based Bendon to management for a token $1 in April

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Hamish McNicol Tue, 21 Dec 2021

Contact the Writer: Hmcnicol@nbr.co.nz

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Tags

Naked Brand Group Justin Davis-Rice EVs Bendon