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4 Dec 2021 14:05
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  •   Home > News > Politics

    Clothing company Designer Wardrobe is closing its stores in Auckland, Wellington and Christchurch

    Clothing company Designer Wardrobe is closing its stores in Auckland, Wellington and Christchurch


    The buy-sell-rent-businesses Chair is blaming the Government's so-called "unclear" pandemic timeline for the decision.

    Simon Moutter says if there was certainty stores could reopen in December - they would have kept their physical stores.

    Moutter says the Government doesn't understand the cash-burn caused by lockdown.

    He says access to capital is fragile for a small to medium business - and it can't be acquired without certainty.

    Designer Wardrobe will still operate its online store.

    © 2021 Newstalk ZB, NZCity

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