Ezibuy's parent wants collapsed retailer's assets back

The retailer's distribution centre in Palmerston North. (Image: NZME)

Tue, 12 Sep 2023

The parent of Ezibuy has lobbed in an offer to its liquidators to buy back the collapsed retailer’s assets.In April, Mosaic Brands – which is listed across the Tasman – put the Palmerston North-founded retailer, which owes creditors roughly $117 million, into voluntary administration with the intention of proposing a restructure which would have seen Ezibuy spat back out as a “simplified, profitable, generative online-only” operation.It said Ezibuy’s performance had been at odds with the “strong and con...

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