StretchSense re-enters US through acquisition

StretchSense re-enters US through acquisition
Victoria Young
Futuristic textile company StretchSense is back in the US market after buying animation studio MoCapNow. Last September, the Kiwi company was purchased out of administration by the newly-formed Sensor Holdings, which is majority-owned by venture capital fund Global from Day One (GD1). MoCapNow is a two-man motion capture studio based in Seattle, consisting of visual effects editors Ander Bergstorm and CJ Markham. GD1 senior investment manager John Kells confirmed the takeover involved Sensor Holdings issuing shares to the pair bu...

More Retail

The quiet rise of ‘ghost brands’
Retail

The quiet rise of ‘ghost brands’

About 90% of the 80-odd Pita Pit stores now have virtual brands operating in them.

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Andy Macdonald 16 Sep 2025
Two more Smiths City stores close as liquidation sale winds up, massive discounts
Retail

Two more Smiths City stores close as liquidation sale winds up, massive discounts

Embattled retailer Smiths City has closed two more stores as its fire sale draws winds up this weekend.Administrators Colin Gower and Diana Matchett of BDO Christchurch on Friday said staff numbers will significantly reduce from next week, with remaining staff to assist with deli...

Staff reporters 12 Sep 2025
Retail card spending climbs for third month
Retail

Retail card spending climbs for third month

The total amount spent using electronic cards was $9.3 billion.

Chido Machingura 12 Sep 2025