Alceon Group, the owner of online retailer EziBuy, threatened to walk away from its rescue offer for SurfStitch Group if administrators postponed a stakeholder meeting to decide the surf and skate wear company's future.
SurfStitch's administrators – John Park, Quentin Olde and Joseph Hansell of FTI Consulting – have defended their decision to press ahead with the meeting in Sydney on April 4 despite last-minute changes to a rival rescue plan.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
