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Retail
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Godfreys enters ‘progressive wind-down’ after failed sale attempt

Despite multiple indicative offers a buyer for the long-standing business could not be secured.

Following the inability to sell Godfreys, closing proceedings had begun.

Kate McVicar Thu, 21 Mar 2024

Godfreys administrators have failed to secure a buyer and will now wind down operations across New Zealand and Australia. 

The vacuum and cleaning retailer founded in 1931 fell into administration in January, quoting cost-of-living pressures and a challenging economic environment hindering

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Kate McVicar Thu, 21 Mar 2024
Contact the Writer: kate@nbr.co.nz
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Godfreys enters ‘progressive wind-down’ after failed sale attempt
Retail,
103276
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