Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


The Warehouse Group Limited to Acquire Schooltex Brand

Media release

8:30AM, Wednesday 15 January 2014

The Warehouse Group Limited to Acquire Schooltex Brand

The Warehouse Group (TW Group), New Zealand’s largest listed retailer with leading retail brands including The Warehouse, Warehouse Stationery, Noel Leeming and Torpedo7, has entered into a conditional agreement to acquire the Schooltex school uniform brand and stock from Postie Plus Group. 

Schooltex is New Zealand’s leading school uniform brand supplying over 1,100 schools with their uniform and sportswear needs. TW Group Chief Executive, Mark Powell said that the Schooltex brand will strengthen The Warehouse’s position in the school uniform market. 

“Acquiring the Schooltex brand will allow us to provide families with more choice for their back to school needs,” said Mr Powell.

“We see the Schooltex uniform brand complementing The Warehouse’s existing school apparel and back to school product range,” said Mr Powell.

“It also aligns well with work that we are doing across TW Group to support schools and education from a community perspective.”

Schools will be contacted throughout January and February so that they can communicate with parents to let them know which The Warehouse store uniforms can be purchased at from the end of February.

The acquisition will see six Schooltex support office and regional staff employed by The Warehouse at the end of February.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Cosmetics & Pollution: Proposal To Ban Microbeads

Cosmetic products containing microbeads will be banned under a proposal announced by the Minister for the Environment today. Marine scientists have been advocating for a ban on the microplastics, which have been found to quickly enter waterways and harm marine life. More>>

ALSO:

NIWA: 2016 New Zealand’s Warmest Year On Record

Annual temperatures were above average (0.51°C to 1.20°C above the annual average) throughout the country, with very few locations observing near average temperatures (within 0.5°C of the annual average) or lower. The year 2016 was the warmest on record for New Zealand, based on NIWA’s seven-station series which begins in 1909. More>>

ALSO:

Farewell 2016: NZ Economy Flies Through 2016's Political Curveballs

Dec. 23 (BusinessDesk) - New Zealand's economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. More>>

ALSO:


NZ Economy: More Growth Than Expected In 3rd Qtr

Dec. 22 (BusinessDesk) - New Zealand's economy grew at a faster pace than expected in the September quarter as a booming construction sector continued to underpin activity, spilling over into related building services, and was bolstered by tourism and transport ... More>>

  • NZ Govt - Solid growth for NZ despite fragile world economy
  • NZ Council of Trade Unions - Government needs to ensure economy raises living standards
  • KiwiRail Goes Deisel: Cans electric trains on partially electrified North Island trunkline

    Dec. 21 (BusinessDesk) – KiwiRail, the state-owned rail and freight operator, said a small fleet of electric trains on New Zealand’s North Island would be phased out over the next two years and replaced with diesel locomotives. More>>

  • KiwiRail - KiwiRail announces fleet decision on North Island line
  • Greens - Ditching electric trains massive step backwards
  • Labour - Bill English turns ‘Think Big’ into ‘Think Backwards’
  • First Union - Train drivers condemn KiwiRail’s return to “dirty diesel”
  • NZ First - KiwiRail Going Backwards for Xmas
  • NIWA: The Year's Top Science Findings

    Since 1972 NIWA has operated a Clean Air Monitoring Station at Baring Head, near Wellington... In June, Baring Head’s carbon dioxide readings officially passed 400 parts per million (ppm), a level last reached more than three million years ago. More>>

    ALSO:

    Get More From Scoop

     
     
     
     
     
     
     
     
    Business
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news