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Godfreys’ owner throws Oz a lifeline but NZ continues to swim

The Johnston family will fund Australian operations through administration, but Godfreys NZ trading remains independent.

Godfreys Au will receive funding to continue to trade through administration, but NZ is expected to remain self-sufficient.

Kate McVicar Thu, 08 Feb 2024

The Johnston family will continue to finance the Australian arm of its vacuum and cleaning company Godfreys during administration, however, the New Zealand business has not sought additional funds.

Australian media reported the Johnston family – who took the retailer private in 2018 after four

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Kate McVicar Thu, 08 Feb 2024
Contact the Writer: kate@nbr.co.nz
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Godfreys’ owner throws Oz a lifeline but NZ continues to swim
Retail,
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