Postie, formerly Postie Plus, is a New Zealand clothing store chain. It was founded in 1909 by Thomas Dellaca. As of October 2022, Postie has 61 stores as well as an online platform. Together with Australian retailer

Best & Less Best & Less is an Australian retailer of clothing and household linens. As of October 2022, Best & Less has 182 stores as well as an online platform. History Best & Less was founded by Berel Ginges in January 1965, by occupying part of the grou ...

, it forms the Best & Less Group.

History

Postie was founded in 1909 by Thomas Dellaca as a boot repair shop near

Reefton Reefton is a small town in the West Coast, New Zealand, West Coast region of New Zealand, approximately northeast of Greymouth, New Zealand, Greymouth, in the Inangahua River valley. Ahaura is south-west of Reefton, Inangahua Junction is to ...

. The Postie Plus Group purchased the Arbuckles manchester chain in 2003 for . In September 2003, Postie Plus was floated on the

New Zealand stock exchange New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. , the NZX had a total of 179 listed securiti ...

. In January 2009,

Jan Cameron Jan Cameron is a New Zealand-Australian businesswoman and formerly Australia's fourth-richest woman. She made her fortune as the founder of the Kathmandu clothing and outdoor equipment company. She currently lives in Bicheno, Tasmania. She r ...

purchased Arbuckles from Postie. In April 2012, Postie Plus sold its Babycity chain of stores. In January 2014, the company sold its SchoolTex uniform brand to

The Warehouse Group The Warehouse Group (TWG) was established by Stephen Tindall in 1982 and is the largest retail group in operation in New Zealand. It is a corporate conglomerate that consists of The Warehouse, Warehouse Stationery and Noel Leeming. History Th ...

for . In June 2014, the company was placed in

voluntary administration As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on ...

. In July 2014, South African investment company

Pepkor Pepkor is a South African-based investment and holding company focused on the discount and value consumer retail and fintech markets. The majority of operations are in South Africa, and operations extend to other African countries and Brazil. It ...

acquired Postie. Steinhoff Asia Pacific (later renamed

Greenlit Brands Greenlit Brands, formerly Steinhoff Asia Pacific Group, is the Australian subsidiary of Ibex Topco B.V. It owns the furniture retailers Fantastic Furniture and Freedom Furniture . History Steinhoff International acquired South African comp ...

) obtained Postie when it acquired Pepkor in November 2014. In November 2019, private equity firm Allegro Funds acquired Postie from Greenlit Brands.

References

External links

* {{Retailers in New Zealand, state=collapsed Clothing retailers of New Zealand Retail companies established in 1909 1909 establishments in New Zealand