One of Microsoft New Zealand’s best known channel faces is leaving the company, with Warwick Grey resigning.

Hitting the final nail into the Renaissance coffin, shareholders yesterday approved by way of Special Resolution the appointment of Andrew McKay and Justin Bosley of Corporate Finance Ltd as liquidators of the ailing company.

"Today's resolution to liquidate Renaissance has been a long time coming..."

Struggling Renaissance has finally called a liquidator meeting, requesting shareholders vote on the future of the embattled company.

Struggling Renaissance has released its interim report, outlining the company’s grim future to shareholders.

Renaissance says it's unlikely to get a $1 million earn-out from the Yoobee School of Design because earnings are tracking below target.

Six months is a long time in the New Zealand channel market.

Six months is a long time in the New Zealand channel market...

Struggling Renaissance are looking to appoint a liquidator, as revealed to shareholders today.

Shareholders in Renaissance Corp, which sold its last business unit earlier this month, are unlikely to receive any payments before June in what will probably be a two-part distribution if they decide to liquidate the company.

Renaissance has completed the sale of Yoobee Retail operations to Logical Systems Limited, for the previously reported figure of $1.

Renaissance has agreed the sale of its Yoobee Apple computer retailing operation, for a measly $1.

Following months of negotiations, Renaissance has completed the $14m sale of the Yoobee School of Design with the Academic Colleges Group (ACG).

Following a horrendous 2012 and a crippling 2013, The Channel examines where it all went wrong for the former Apple distributor.

Renaissance shareholders have approved the sale of all shares in Yoobee School of Design to Academic Colleges Group, with another party looking at acquiring Renaissance’s retail operations.

Geoff Hunt, Des Ling, Alicia Keys, a struggling Trade Me rival, the Samsung S4, the newly released Microsoft Office, a desperate Renaissance, a $80m telco sale plus more - find out what made the news during 2013 in the New Zealand channel market...

"Ideally the board would be able to sell retail, wind Renaissance up and distribute funds to shareholders. As I write, we are still some way from achieving that goal."

"The Company has not experienced consecutive 'normal' trading years since 2008."

"Do you really think they're going to get up and deliver? You've got to give people respect and make them feel they've got control to make decisions."

Renaissance and Academic Colleges Group adjust their agreement so that the transaction will be executed by way of a sale of shares rather than a sale of assets.

The Board of Renaissance has reached a conditional agreement with Academic Colleges Group to sell the assets and business undertaking of its Yoobee School of Design subsidiary.

After holding a position on the board since March this year, representing the interests of the late Murray Wood, director Robert Bijl has resigned from his post.

Following the closure of four Yoobee retail stores in New Zealand, things go from bad to worse as Renaissance forecasts another "disappointing" financial year.

Apple retailer is closing four stores across New Zealand, with around 15 staff set to be made redundant as a result.