Multimedia Business Reporter·NZ Herald·11 Nov, 2026 04:00 PM4 mins to readSurfboard, paddle board and surf accessory business The Surfboard Warehouse has been placed into receivership. Photo / 123rfThe wholesale and retail businesses behind The Surfboard Warehouse have been forced into receivership after it lost a key commercial customer, with creditors including the Bank of New Zealand owed nearly $5 million. Coastlines and its parent company RWS Holdings were placed into receivership on September 3 on appointment by
The Surfboard Warehouse receivership leaves creditors owed $5.22m
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