Redcurrent founder Rebecca Kain bankrupted

Redcurrent founder Rebecca Kain bankrupted
Rebecca Kain. (Image: Supplied)
Riley Kennedy
The founder of collapsed retailer Redcurrent, Rebecca Kain, who went on a rent strike during the first nationwide covid lockdown, has been bankrupted by a mall owner.The six-month liquidation of the homeware and lifestyle retailer finished up early last month after EY’s Larissa Logan and Rhys Cain couldn’t find a buyer for the business.The pair were appointed back in February, with Kain attributing its collapse “to the many challenges in retail in recent years, not least of all the effects of covid”.The retailer had...

More Finance

Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025
Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Andy Macdonald 17 Sep 2025