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

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

BNZ defends profit as essential to attract capital
Finance

BNZ defends profit as essential to attract capital

The last major bank, BNZ, has fronted up to Parliament.

RBA’s policy shift brings February cut into focus
Finance

RBA’s policy shift brings February cut into focus

The central bank’s assessment reflected growing confidence that inflation is being tamed.