Torpedo7’s new owners have revealed a major shake-up to the outdoor sports gear retailer.
Tahua Partners plan to close its stores in Rotorua and Auckland's Westgate, then convert 10 of the 16 remaining locations to a new offering called The Outlet.
In a statement, it says Torpedo7 will continue to prioritise its online presence and its six flagship stores.
Owner Roger Harper says there's a clear gap in the market - and outlet shopping is always popular.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you