Is spotlight NZ owned?
Spotlight, New Zealand’s largest fabric, craft and home decor retail chain owned by one of Australia’s wealthiest families, posted a decline in profit for the first time in five years in 2016, as it marked two decades in this country.
Who runs spotlight?
Multibillion-dollar retail giant Spotlight Group is Harris Scarfe’s fourth owner in the past seven years, with the brand owned by South African retailer Greenlit until mid-2019 when it was acquired by private equity firm Allegro.
Is spotlight on the ASX?
ASX Spotlight Series – ASX.
What countries is Spotlight?
Spotlight first launched in 11 countries including the US, Canada, Australia and New Zealand. It is now available in India, Mexico and Brazil as well. It was first introduced in November last year, and it has already garnered 100 million users.
Is spotlight only in Australia?
Spotlight is Australia’s largest chain of fabric, craft and home interiors super stores. With 110 stores and 600 staff in Australia, New Zealand and Singapore it provides millions of customers with a huge range of fashionable products at the most competitive prices.
Who owns lincraft?
Owners John Maguire and Brian Swersky established Lincraft Australia in 2005, with the retail chain specialising in craft, fabric, yarn, haberdashery, window furnishings, manchester and fashion accessories.
What is Spotlight worth?
Owned by Zac Fried, Morry Fraid & family – worth collectively $1.6 billion – the Spotlight Group operates fabric and craft chain Spotlight, outdoor adventure outlets Anaconda and Mountain Designs, and is on the cusp of paying $50 million for failed department chain Harris Scarfe.