TheGrandParadise.com Mixed How much did EziBuy sell for?

How much did EziBuy sell for?

How much did EziBuy sell for?

Australian company Woolworths – which is the parent of grocery company Progressive Enterprises – has announced it will be buying EziBuy for $350 million. Woolworths said it was purchasing the company from EziBuy’s founding shareholders Peter and Gerard Gillespie, and Catalyst Investment Managers.

Does Woolworths own EziBuy?

WOOLWORTHS ACQUIRES EZIBUY – COMMITS TO FURTHER GROWTH AND INVESTMENT. Woolworths Limited (Woolworths), parent company of New Zealand’s Woolworths New Zealand, today announced that it will acquire EziBuy Holdings Limited (EziBuy) from founding shareholders Peter and Gerard Gillespie and Catalyst Investment Managers.

Is EziBuy an Australian company?

EziBuy is a New Zealand and Australian multi-channel retailer.

Who owns EziBuy Australia?

In June 2017, EziBuy was acquired by Alceon Group. Alceon is a specialist advisory, investment and capital solutions firm, which is wholly-owned by its executives.

Where is EziBuy based?

Auckland
EziBuy is an Auckland-based online retailer founded in 1978 which sells a range of men’s and women’s clothing, along with various homewares and beauty ranges.

How long has EziBuy been around?

EziBuy was established in 1978 and is now one of the largest multi-channel clothing and homewares retailers in Australia and New Zealand, generating approximately NZ$135m of revenue.

Are all EziBuy clothes made in China?

In 2012 we embarked on a four year ethical program with China, where 85% of our product is made.

Where are EziBuy clothes made?

China
In 2012 we embarked on a four year ethical program with China, where 85% of our product is made. Since then we have gained 100% transparency of our primary supply base through 70% direct apparel sourcing.

Are EziBuy returns free?

You will be charged $9.95* for returning the item to us using EziReturns (or refer here if your original order was paid for using Afterpay or Laybuy). There is no need to pay for additional postage for your returned item.

How ethical is EziBuy?

In 2012 we embarked on a four year ethical program with China, where 85% of our product is made. Since then we have gained 100% transparency of our primary supply base through 70% direct apparel sourcing.

How do you return EziBuy?

EziReturns. You can now return or exchange your item for only $9.95 from anywhere in New Zealand. Just affix the EziReturns postage sticker (enclosed with your order) on the return package and pop this in the post. There is no need to pay for additional postage.

How do I cancel my EziBuy account?

Can I cancel my catalogue subscription with EziBuy? To cancel your subscription, click here to email us. Please provide your customer number or full name and address, so that we may identify you on our database.

Who are the founders of EziBuy?

EziBuy was established in 1978 by brothers Peter and Gerard Gillespie, and their friend John Robinson in Palmerston North, New Zealand. The business began as a catalogue retailer selling womenswear and menswear.

What does EziBuy sell?

EziBuy is a New Zealand-founded multi-channel retailer in Australasia. It sells clothes, homeware and gifts. EziBuy was established in 1978 by brothers Peter and Gerard Gillespie, and their friend John Robinson in Palmerston North, New Zealand. The business began as a catalogue retailer selling womenswear and menswear.

What happened to EziBuy?

By now it was Australasia’s largest fashion and homeware multi-channel store, selling more than $200 million of products annually. – Sydney-based investment firm Alceon Group buys EziBuy from Woolworths in June 2017 for an undisclosed amount of money.

What was the first EziBuy catalogue?

The first catalogue was a simple folded, A3 black and white page which was mailed to a list of local organisations in 1978. EziBuy celebrated its 35th anniversary at their Palmerston North distribution centre. In January 2002, EziBuy purchased Myer Direct from Coles Myer . In August 2013, EziBuy was acquired by Woolworths Limited.