Silvermoon Jewellers has announced it is entering voluntary liquidation, citing a prolonged struggle with adverse economic conditions. The announcement marks a significant moment for the jewellery retail sector in New Zealand, reflecting the broader economic pressures facing the industry.Voluntary Liquidation AnnouncementIn a heartfelt email to its customers, Silvermoon revealed its decision to liquidate, emphasizing the exhaustive efforts made to salvage the business. “After considerable reflection and exhaustive exploration of all possible avenues to sustain our operations, it has become clear that Silvermoon Jewellers must embark on a closing journey, leading to liquidation,” the message states.“Despite the diligent efforts and unwavering…
Author: Ruchi Singla
Ruchi is our trusted breaking news reporter, keeping you informed about the latest trends, launches, and significant events as they unfold. With a commitment to accuracy and a passion for adding a layer of insight, Ruchi creates informative and engaging content that shines a light across the world of jewellery.
In response to a series of recent robberies, Michael Hill has taken significant steps to bolster the security of its jewellery stores across New Zealand. The company’s latest security initiative follows two recent incidents, including an armed robbery at the Silverdale Mall store and a smash-and-grab raid at the Bayfair shop in Mt Maunganui.“The offender was armed with a hammer, and left the store after the fog cannon was activated,” police states regarding the Silverdale incident and leads to the assailant’s arrest by the police around 11.20am on the Hibiscus Coast. Despite these efforts, the string of robberies over the past…