Ezibuy's Aussie owner still sees opportunity in NZ

Ezibuy's distribution site in Palmerston North. (Image: NZME)

Mon, 20 Nov 2023

The former operator of Ezibuy says New Zealand is still an opportunity for its business despite flicking off the now-collapsed retailer.In April, Mosaic Brands – which is listed across the Tasman – put the Palmerston North-founded business into voluntary administration, owing creditors roughly $117 million, intending to propose a restructure that would have spat out Ezibuy as a “simplified, profitable, generative online-only” operation. It said Ezibuy’s performance had been at odds with the “strong...

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