close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Retail
4 mins to read

Godfreys’ owner throws Oz a lifeline but NZ continues to swim

The Johnston family will fund Australian operations through administration, but Godfreys NZ trading remains independent.

Godfreys Au will receive funding to continue to trade through administration, but NZ is expected to remain self-sufficient.

Kate McVicar Thu, 08 Feb 2024

The Johnston family will continue to finance the Australian arm of its vacuum and cleaning company Godfreys during administration, however, the New Zealand business has not sought additional funds.

Australian media reported the Johnston family – who took the retailer private in 2018 after four

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Kate McVicar Thu, 08 Feb 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Godfreys’ owner throws Oz a lifeline but NZ continues to swim
Retail,
102598
true