Luxury furniture businesses in Parnell wrecked by water damage

Luxury furniture businesses in Parnell wrecked by water damage
Refined Living staff said the shop was dry at 5pm on Friday but flooded two hours later. (Image: Refined Living)
Ella Somers
It’s a bright, hot Thursday morning when BusinessDesk takes a walk down The Strand in Parnell, one of the earliest streets to be built in Auckland and an integral part of Parnell’s business community.It’s muggy, the sun is glaring down from a bright blue sky and cicadas are clucking faintly in the background.At first glance, it’s difficult to believe that less than a week ago much of The Strand and many of the shops were metres under water.But a closer look shows just how much devastation Auckland’s flooding has ca...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.