Auckland's Lentes and Marcos tipped into liquidation

Auckland's Lentes and Marcos tipped into liquidation
Lentes and Marcos director Roei Reiss. (Image: LinkedIn)
Riley Kennedy
The Auckland glasses retailer under investigation by the Labour Inspectorate has gone into liquidation. Lentes and Marcos (Spanish for lenses and frames) operated several retail stores across Auckland, including at some of the city’s well-known shopping venues such as Commercial Bay, Sylvia Park and Westfield Newmarket. Founded in 2013, the company sold Spanish-inspired glasses and also has optometrists.  While it traded as Lentes and Marcos, the company is registered as Vatocel (PTY) Limited – a South African-domicil...

More Finance

Jarden upgrades Michael Hill ahead of Christmas
Finance

Jarden upgrades Michael Hill ahead of Christmas

Since a Wednesday trading update, company's shares have risen 9%.

Gregor Thompson 25 Oct 2024
FMA takes a drubbing from stakeholders
Finance

FMA takes a drubbing from stakeholders

Minor offences are said to be prioritised over poor broking house behaviours.

Pattrick Smellie 25 Oct 2024
Xero announces new MD for Australia, NZ
Finance

Xero announces new MD for Australia, NZ

Angad Soin announced as Xero's new managing director Australia and New Zealand.

Craigs upgrades Michael Hill
Finance

Craigs upgrades Michael Hill

Craigs’ Kieran Carling upgraded the stock from neutral to overweight.

Gregor Thompson 24 Oct 2024