The owners of embattled salmon farmer Nova Austral are scrambling to stave off the threat of insolvency, but executives at the company and industry members paint a bleak picture. Despite Nova Austral recording improved harvests and sales volumes in the first quarter of 2023 compared with the same period last year, the company said “there…
Collapsed weight loss giant Jenny Craig has been unsuccessful in finding a buyer for its physical stores and will now “immediately cease trading” with all staff being made redundant, the business’ administrators announced. Jenny Craig Australia announced back in May it would continue to trade while administrators investigate options for restructuring the popular business, the…
The owners of embattled salmon farmer Nova Austral are scrambling to stave off the threat of insolvency, but executives at the company and industry members paint a bleak picture. Despite Nova Austral recording improved harvests and sales volumes in the first quarter of 2023 compared with the same period last year, the company said “there…
Major Tasmanian cooperage, MasterCask, has entered voluntary administration as it seeks a resolution to unresolvable internal shareholder issues. Yesterday (6 June), Cam Brett, President of the Tasmanian Whisky and Spirits Association, shared the following message with members of industry group, Australian Distillers. I have received advice today from the largest secured creditor of MasterCask, which…
The owners of embattled salmon farmer Nova Austral are scrambling to stave off the threat of insolvency, but executives at the company and industry members paint a bleak picture. Despite Nova Austral recording improved harvests and sales volumes in the first quarter of 2023 compared with the same period last year, the company said “there…
The owners of embattled salmon farmer Nova Austral are scrambling to stave off the threat of insolvency, but executives at the company and industry members paint a bleak picture. Despite Nova Austral recording improved harvests and sales volumes in the first quarter of 2023 compared with the same period last year, the company said “there…