BREAKING NEWS:Electrolux, Ecovacs & Dyson Set To Get Nothing After Godfreys Collapse Debt $45M
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June 4, 2024
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Creditors of collapsed retailer appliance retailer who are owed over $45 million are set to get nothing, with employees only going to... Read More
Godfreys Bleeding $7M A Month Before Administrators Called In
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February 1, 2024
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The family that owned Godfreys’ was losing up to $7M a month before they called in the administrators, with several organisations already... Read More
Is Godfrey’s Saleable As Vultures Circle Carcass
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January 31, 2024
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National retailer Godfreys, who has been flogging vacuum cleaners for close on 100 years has been placed into administration and the vultures... Read More
MyDeal Reaches One Million Active Customers
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February 22, 2022
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Australian online marketplace MyDeal.com.au has surpassed one million active customers, with repeat buyers making up the bulk of its January sales. The... Read More
Godfreys Co-Founder Affirms Robovacs Are The Future
100-year old Godfreys Co-Founder and new majority owner, John Johnston, affirms robotic vacuums are the future, with the devices tipped to overtake... Read More
Dyson Rejection Leads To Godfreys Spiral Down
Following its fourth profit warning this year and a 14.8% sales slump, recent reports claim Godfreys’ decision to not stock Dyson vacuum... Read More
Godfreys Co-Founder Snares Majority Stake, De-Listing Likely
Godfreys Co-Founder, John Johnston (99), has today achieved a 91% stake in the vacuum cleaner retailer, allowing him to compulsorily acquire remaining... Read More
Godfreys Posts 4th Profit Warning, Sales Down 14%
Specialist vacuum cleaner retailer, Godfreys, has post its fourth profit warning for the year, with full-year earnings guidance forecast to be between... Read More
Godfreys Warns Cash Flow Problems Amid Review
Struggling vacuum cleaner retailer, Godfreys, has warned “cash flow challenges” are likely, following a preliminary financial review by new management. New Chief... Read More
Godfreys Appoints Hardy As CEO For Third Time
Following the mass resignation of its board, Godfreys has appointed Mr John Hardy as its new interim CEO – notably for the... Read More
