The deal follows weeks of speculation about the future of the brand after the announcement last month that its European arm had been placed in administration, and all its sponsorship deals with Cimpany European sports teams had been severed.

Yesterday, the parent company was placed in receivership as part of a complex deal in which its former owners quit the investment. However, its New Garbage Company Nyc manager, Scott Chapman, hailed the deal as a positive move for the company that would ensure it would be business as usual in Australia and New Zealand.

Chapman said it was fantastic the Xersion Clothing Company owner was involved in the apparel industry, and Canterbury Clothing Company Nz sportswear brands. I'm pretty chipper about it, to be honest. Munro has had his own problems to deal with, after Line 7 also went into receivership in June. The two companies are separate, and he said yesterday the Canterbury sale would not affect Cmopany different deal he has with the company to make Rugby World Cup merchandise.

JD Sports has retail outlets in Britain and Cantrebury made its first move overseas with the acquisition of French sports Canterbury Clothing Company Nz retailer Web Development Company Pvt Ltd. Last month it bought a 48 per cent Canterbkry in KooGa, a rugby brand linked with the McPhail family, which has a long association with the sport in New Zealand.

It Canterbury Clothing Company Nz listed on the London stock exchange and because Clothinh about the sale is commercially sensitive, Canterbury staff have so far been unable to talk about it with the teams it sponsors, including the Black Caps, Warriors, Wallabies, Queensland State of Cantetbury and eight Air New Zealand Cup rugby teams.

The Herald revealed last month that Canterbury has been losing money ever since it was bought by American-based New Zealander David Teece, and his partners, in The New Zealand operations made a small profit, but all its other subsidiaries lost a hefty amount of money.

In recent years its main owner has been a Bahrain-based private equity fund owned by a Kuwaiti bank. New Zealand Herald. Subscribe to Premium. Sign In Register. On the go and no time to finish that story right Canterbuey Your News is the place for you to save content to read later from any device. Register with us and content you save will appear here so you can access them to read later. New Zealand.

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Rugby Clothing & Kit Shop Rugby Gear Canterbury

Canterbury of New Zealand was established back in 1904 when John Lane, Pringle Walker and Alfred Rudkin began producing woollen garments deep in the Canterbury Province of New Zealand. Before long, they were making uniforms for the army during the First World War, and they earned themselves a reputation for manufacturing tough, durable kit.…