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 2020, Best&Less has 246 stores as well as an online platform. History Best & Less was founded by Berel Ginges in January 1965, by occupying part of the ground floor of ...

, 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 region of New Zealand, some 80 km northeast of Greymouth, in the Inangahua River valley. Ahaura is 44 km south-west of Reefton, Inangahua Junction is 34 km to the north, Maruia is 63&n ...

. 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. In January 2009, Jan Cameron 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 founded by Stephen Tindall in 1982, and is the largest retail group operating in New Zealand. It is a corporate group that consists of The Warehouse, Warehouse Stationery, Torpedo7, Noel Leeming, 1-day and TheMark ...

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 ...

. In July 2014, South African investment company Pepkor acquired Postie. Steinhoff Asia Pacific (later renamed

Greenlit Brands Greenlit Brands, formerly Steinhoff Asia Pacific Group, is the Australian subsidiary of Steinhoff International. It owns the furniture retailers Freedom Furniture, Fantastic Furniture and Snooze. History Steinhoff International acquired South ...

) 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