Shirtmaker Nicholas Jermyn has been placed under voluntary administration, with PWC appointed administrators.
Two stores will close but the company is assuring customers that it remains open for business.
Shirts
The Willis Street store in Wellington and Botany Town Centre store in Auckland will be closing but the directors say all their other stores remain open as well as the online shopping channel.
Directors Nick Harris and Nicholas Jermyn say it was a difficult decision but “presents the best opportunity to recover from a sustained period of challenging trading”.
They point to the growth in international online purchasing from New Zeala…
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