The owner of online fashion news website FashioNZ, has been placed in liquidation.
Beauty Media Ltd was placed in liquidation on May 25, with Heath Gair of Palliser Insolvency appointed liquidator.
FashionNZ claimed to be New Zealands first fashion site, launching in August 1998. It changed hands last year, acquired by Jon Drumm and Amanda Basher.
Beauty Media also owns sister print title The Beauty Book, an annual collectors’ beauty magazine.
The Beauty Book was founded in 2005.
Gair said both publications continued to operate and staff remained employed while the liquidators worked to find a buyer.
He said Beauty Media had been impacted by recent flooding in the Hawkes Bay…
Read the full article at: https://www.stuff.co.nz/business/132261638/fashionz-owner-placed-in-liquidation