![]() "This transaction sees us return to our roots as a focused household goods group. "We believe this will unlock new opportunities for all the people working within these brands," Greenlit Brands group chief executive, Michael Ford, said. Postie owner Greenlit Brands said the stable of general merchandise retail chain would join a group with a "strong track-record in building and enhancing businesses". ![]() That's one of the secrets to success right now - to be able to reduce those top-end costs." ![]() "This will potentially give them the that opportunity to realise economies of scale by leveraging some of the infrastructure that Hannah's and Number One Shoes have got, or equally the other way. "This will allow for greater focus on opportunities and specific focus on opportunities for the New Zealand market," he said. Wilkinson said there were "strong synergies" between Postie, Hannah's and Number One Shoes chains from both geographical and demographic perspectives, which could work in Allegro's favour. The move is said to allow Greenlit Brands to focus on its more profitable household goods businesses in Australasia - part of the parent company's strategy to downsize its portfolio following a $9 billion accounting scandal last year. Brian Gaynor: Postie Plus a lesson for retail shareholders.Postie Plus appoints Linda Leonard as new CEO.Why not join in the fun Postie is a fashion driven, family business which began selling stunning, ready-to-wear garments across Australia, almost 30 years ago. Retail chain Postie returns to Whanganui in late September Postie Social Styling Sessions are popping up all over Australia, bringing beautiful fashion and career opportunities to you.From stylish and on-trend print dresses to dropped-neck boho dresses, weve got. Global retail company Steinhoff International's Australasian arm Greenlit Brands, which owns and operates Postie and Freedom Furniture, along with a handful of other retail chains in Australia and Asia that do not operate in New Zealand, has sold its general merchandise division, including the Postie business, to Allegro Funds, a private equity firm that specialises in company turnarounds. We have a huge range of styles when it comes to womens dresses here at Postie. Whether youre in search of a last-minute bargain for a night on the town or. Pro Max case iPhoneX/XS case iPhone8 plus case iPhone13 12 11 pro case iPhoneSE2020 case. Photo / FileĬlothing chain Postie has been sold to the Australian private equity firm that owns footwear chains Hannah's and Number One Shoes. Our womens sale items include dresses, tops, lingerie, activewear and more. Postie Poyo Mailman Postcards/Mini Prints, Save the USPS, Gift. Retail chain Postie has been sold to Australian private equity firm Allegro Funds for an undisclosed sum.
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