New York-based Australian designer Dion Lee has placed his Australian business under voluntary administration. Dion Lee places Australian business into voluntary administration amid industry struggles. – Dion Lee The administration is being overseen by Antony Resnick of the Australian insolvency firm DVT Group. The move follows the withdrawal of investment and partnership by Australian brand…
Tough trading conditions in the hospitality sector have struck again, with the collapse of another popular restaurant resulting on the loss of 15 jobs. Mexican restaurant Checho’s, in sydney’s outer western suburb of Penrith, closed its doors on Sunday, with the directors putting the company into liquidation yesterday. Checho’s had traded in the suburb since…
A meal delivery service in sydney and Newcastle has collapsed, with the owner revealing the tough economic climate has become too much to bear. Hartley Health owner Jordan Hartley took to Instagram on Thursday to tell customers the business would cease operating immediately after “a deal fell through” that morning, which was intended to help…
An Australian luxury fashion retailer, which spruiked celebrities visiting its store and stocked some of the world’s most famous designers, has collapsed owing $16 million. After nearly 40 years of operation Harrolds was quietly placed into liquidation at the start of October. The company was founded in 1985 with its first store opened in melbourne…
The move follows the liquidation of four entities associated with the business. Credit: vincentq/Flickr(Creative Commons). Australian luxury fashion retailer Harrolds has entered liquidation after nearly four decades in the industry, owing millions to creditors. This follows the liquidation of four entities associated with the company: Harrolds Logistics, JTP sydney, Harrolds Femme, and Nelson River International…