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New Image Group

OVERALL

Owned
NZL
Rating
Criticism, some praise

Health and nutritional products

New Zealand-based health and nutritional product provider founded over 30 years ago by founder and chairman, Graeme Clegg. Acquired Nutrimetics from Tupperware Brands in 2022.

New Image Group   NZL     website      facebook   

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
New Image Group
Business Ethics Fined $1.5m for Takeovers Code breach
In 2022 this company was ordered to pay a fine of NZ$1.5 million for breaching the Takeovers Code in 2013. The company admitted to non-deliberate breaches of the code in respect of a takeover offer to take it private in 2013. The Takeovers Panel received a complaint about the takeover in 2019 and investigated claims the offer did not treat all shareholders equally and that some disclosures were not made.
Source: news article (2022)
Business Ethics Charitable donations
New Image International supports a number of charities in various countries in which it operates.
Source: company website (2021)

> About the Icons

Company Details

Type Private company
Founded 1984
Subsidiaries Nutrimetics Australia Pty Ltd 

Direct selling

Direct selling beauty company operating primarily in Australia and New Zealand. Owned by Tupperware from 2005 to 2022, when New Image Group bought the company.

Contact Details

Address Auckland, New Zealand
Website newimagegroup.co.nz

Products / Brands

Nutrimetics Australia
Nutrimetics Cosmetics


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