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The Warehouse Group has sold its struggling outdoor brand Torpedo7 for $1.
Business Scoop provides news and views on Business and Markets from New Zealand
The Warehouse Group announced today that it has sold its outdoor brand Torpedo7 to Tahua Partners Limited for $1. Tahua Partners Limited will take ownership of Torpedo7’s assets, including stock, cash in store and the Torpedo7 brand, and will assume its ...
OPINION Taken at face value, the decision by The Warehouse to sell Torpedo7 for a dollar makes good sense. More interesting, perhaps, is what plans the new...