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New Zealand’s struggling fashion retailer Meccano sits on 5 million dollars debt pile

Fashion retailer Meccano has faced financial difficulties, including expensive leases, almost since it got acquired by De Vere Investments in February 2016, a new report from the company’s administrators reveal. Being just able to deliver three months of profits after the investment firm took over Meccano, the apparel company’s debt pile has...

31 May 2018

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