Next year, luxury fashion group Oroton is due to turn 80.
One needs only to think back to the days when mum or granny carried those Oroton silver or gold Glomesh bags on a big night out to get a sense of brand nostalgia. Whether it survives to mark the occasion now rests with the success of negotiations between a corporate doctor and a group of retail landlords.
The placement of Oroton into the hands of voluntary administrators looks like a worrying omen – not just for other retailers – but for the retail landlords that have been likened more to overlords by many in the retail community.
Fund manag…
Read the full article at: http://www.smh.com.au/business/retail/oroton-battles-retail-landlords-for-its-future-20180105-p4yy9k.html