Wanaka outdoor retail institution Racers Edge is returning to its roots as an independent outdoor equipment retailer in Wānaka. But in February, the Warehouse Group sold Torpedo7 for $1 to Tahua Partners, allowing Racers Edge to "de-couple"from the chain. Racers Edge has three co-owners: Mr Cochrane, Mr Schikker and Destination Queenstown chief executive Mat Woods. "Racers Edge was focused on delivering the specialist customer experience ranging quality international brands whilst T7 was pushing more into the home-brand space." Work to uncouple the two businesses began late last year, preparing Racers Edge to return to its independent roots from mid-March.

Source: Otago Daily Times May 12, 2024 04:01 UTC