Munro Footwear Group buys Bobux International out of receivership

Munro Footwear Group buys Bobux International out of receivership
Chris Bennett from Bobux in his factory, which produced shoes for babies and children. (Image: NZME)
Riley Kennedy
The receivers of Bobux International say they have sold the business to Australasia’s largest privately owned footwear company, the Munro Footwear Group.Last month, McGarthNicol’s Conor McElhinney and Andrew Grenfell were appointed to the New Zealand-founded children's brand by the Bank of NZ, at the request of its shareholders.Founded more than 30 years ago by Colleen and Chris Bennett, the company sold children's footwear in more than 40 countries. It has total annual sales of over $20 million with 25 staff.It operates as...

More Finance

Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.

Net assets down, losses widen in Macquarie Group NZ's FY
Finance

Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025
Rates capping could hit council credit ratings
Finance

Rates capping could hit council credit ratings

Treasury warns rates are ‘significantly below’ sustainable levels.

Oliver Lewis 11 Sep 2025
Majority of CFOs want Govt policy shift, but don't expect it
Finance

Majority of CFOs want Govt policy shift, but don't expect it

The Mood of the CFO survey shows a “two speed” economy with wildly divergent results.

Dileepa Fonseka 10 Sep 2025