The liquidation of Kester Black Ltd — the New Zealand business of the cosmetic and skincare brand started by Wānaka woman Anna Ross — has been completed.
In July last year, the Australian-registered arm of the business, Kester Black Pty, entered voluntary administration, while the New Zealand business was put into liquidation the following month, with Kester Black Pty the sole shareholder.
It caused outrage from investors, upset about how financial problems had been handled, and Kester Black founder Anna Ross received abuse and death threats, her partner Fergus Sully said last year.
The stock, intellectual property (IP), and goodwill of Kester Black Pty were sold to New New New Pty Ltd, a company owned by Mr Sully, who said…