{"id":631067,"date":"2026-10-15T05:16:13","date_gmt":"2026-10-15T05:16:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/631067\/"},"modified":"2026-10-15T05:16:13","modified_gmt":"2026-10-15T05:16:13","slug":"further-store-closures-for-struggling-womenswear-chain","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/631067\/","title":{"rendered":"Further store closures for struggling womenswear chain"},"content":{"rendered":"<p class=\"body-paragraph articleLinkText  [&amp;_p]:tit-sub-xl tit-sub-xl md:[&amp;_p]:d-tit-sub-xl md:d-tit-sub-xl mb-[1.3rem]\">More than half of the remaining stores in a struggling womenswear chain will close as its receivers decide on a buyer for the business.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">Twenty-six of the 46 remaining Cue and Veronika Maine stores left in Australia and New Zealand will close from Thursday.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">The Sydney-based chain went into voluntary administration in September after nearly 60 years in business, citing overhead costs.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">A small number of buyers have been shortlisted and receivers Kate Warwick and Vaughan Strawbridge of FTI Consulting have been working through a number of issues with them.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">The potential buyers identified a common group of stores that they weren&#8217;t interested in, and as a result those stores will shut down, the receivers said in a statement on Thursday.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/a-veronika-maine-store-in-new-zealand-2X3AAL5OY5FNJAZTWYYO53I5VY.jpg\" alt=\"A Veronika Maine store in New Zealand. \" width=\"800\" height=\"450\" loading=\"lazy\"\/><\/p>\n<p class=\"ImageMetadata__MetadataParagraph-sc-hi5x8q-0 cWTYyG image-metadata\">A Veronika Maine store in New Zealand.  (Source: 1News)<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">There are 13 Australian Cue stores shutting down, four in NSW (Bondi Junction, Double Bay, Greenwood and Kotara); two in Canberra; two in Victoria (Doncaster and Moorabbin DFO); one in Hobart, Tasmania; two in Queensland (Pacific Fair and Wintergarden); one in Carousel, WA; and the store in Harbour Town Adelaide.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">Nine Australian Veronika Maine locations will shutter: Bondi Junction, Greenwood, Eastgardens and Miranda in NSW; Manuka in ACT; Emporium in Victoria; Chermside in Queensland; Rundle Street in SA; and Claremont in WA.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">The combined Cue\/Veronika Maine location at the Birkenhead Point outlet in Sydney will also close.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">In New Zealand, the Cue stores in Onehunga and Wellington are shuttering, as is the Veronika Maine in Wellington.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">These closures are on top of five store locations that the receivers shut down in September. <\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">The timing of the most recent closures will vary by store and depend largely on stock levels, the receivers said.<\/p>\n<p class=\"body-paragraph articleLinkText  lg mb-4\">Team members will be redeployed into continuing stores when possible.<\/p>\n","protected":false},"excerpt":{"rendered":"More than half of the remaining stores in a struggling womenswear chain will close as its receivers decide&hellip;\n","protected":false},"author":2,"featured_media":631068,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[51,85,138,219,111,139,69,52],"class_list":["post-631067","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-auckland","tag-australia","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz","tag-wellington"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/631067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=631067"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/631067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/631068"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=631067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=631067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=631067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}