Regulator and Viagogo back in court for documents fight

Regulator and Viagogo back in court for documents fight
Meredith Connell's Nick Flanagan is arguing for the Commerce Commission
BusinessDesk staff
The Commerce Commission and Viagogo have returned to court with the regulator seeking disclosure of internal company reports to support its case the ticket reseller misled the public.The proceedings follow 1,139 complaints about the company since 2014.  The regulator's allegations include Viagogo breached the Fair Trading Act by wrongly representing itself as an “official” reseller, falsely saying tickets were about to sell out and claiming consumers were “guaranteed” to receive valid tickets.The case was first...

More Retail

Macpac NZ profits drop 71% as softer sales hit margins
Retail

Macpac NZ profits drop 71% as softer sales hit margins

The sales drop in New Zealand was larger than Kathmandu's.

Gregor Thompson 17 Oct 2025
E-commerce deal website GrabOne ceases trading
Retail

E-commerce deal website GrabOne ceases trading

E-commerce deal website GrabOne has ceased trading after its owner went into liquidation on Thursday.Daniel Stoneman and Neale Jackson of Calibre Partners were appointed liquidators of Global Marketplace New Zealand Limited, which operates the GrabOne business in NZ.GrabOne’s web...

Staff reporters 16 Oct 2025
Trade Me payment changes anger professional sellers
Retail

Trade Me payment changes anger professional sellers

The move has sparked anger and complaints.

Andy Macdonald 15 Oct 2025
ANZ alternate capital review proposal unveiled
Finance

ANZ alternate capital review proposal unveiled

The bank argues its proposal would cut borrowing costs by 11 basis points.

Andy Macdonald 13 Oct 2025