One of Wellington’s top-end retailers, Wade House, has gone into receivership.
Neither the receivers nor the owners would reveal the number of creditors or the amount owed.
The furniture business has about 40 New Zealand suppliers and as many foreign suppliers.
It is owned by Richard and Jan Brodie, who ran the business for 13 years, and Auckland accountant Malcolm Innes-Jones.
The company employs 12 people, some of whom have been with it for more than a decade.
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