Godfreys enters voluntary administration, axing 193 jobs, 54 stores
The administrators hope to restructure and sell Godfreys, a 93-year-old brand synonymous with vacuum cleaning, while shuttering some stores.
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The administrators hope to restructure and sell Godfreys, a 93-year-old brand synonymous with vacuum cleaning, while shuttering some stores.
New Zealand Vacuum Cleaner Company Limited (the “Company”) has today entered Voluntary Administration. The Company is part of the Australian-owned Godfreys Group and operates the group’s New Zealand retail stores. Godfreys Group’s Australian ...
Vacuum cleaning giant Godfreys has appointed voluntary administrators after 90 years. Immediate restructuring will affect 54 stores and 193 jobs.
Iconic retailer Godfreys claims cost-of-living pressures and inflation are the cause of its downfall, with nearly 200 people expected to be out of a job.
Vacuum cleaning giant Godfreys has appointed voluntary administrators after 90 years. Immediate restructuring will affect 54 stores and 193 jobs.