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Clothing company Designer Wardrobe is closing its stores in Auckland, Wellington and Christchurch.
The buy-sell-rent-businesses Chair is blaming the Government's so-called "unclear" pandemic timeline for the decision.
Simon Moutter says if there was certainty stores could reopen in December - they would have kept their physical stores.
Moutter told Heather du Plessis-Allan the Government doesn't understand the cash-burn caused by lockdown.
“Access to capital is very fragile for a small-medium business and therefore, without certainty you simply can't access it."
Designer Wardrobe will still operate its online store.