The Weekend Herald spoke with Lowndes Associates consultant Mike Whale and William Black, partner at McGrathNicol about the current situation that Whitcoulls and Borders New Zealand find themselves in.
Lowndes Associates consultant Mike Whale said it was hard to tell if the REDgroup administration would be a success.
Both Black and Whale said voluntary administrations had had limited success in New Zealand.
At Alexander Communications we hope they make it. Borders has been a favourite of many of us in the team for years and Whitcoulls is part of the fabric of New Zealand Society.
Click here for a link to the online version of the Weekend Herald article by Tamsyn Parker