Fashion house that has operated since 1996 collapses into voluntary administration

A melbourne-based clothing manufacturer and wholesaler founded in 1996 has entered voluntary administration. LM Australasia started out producing and wholesale women’s lingerie before growing into a fashion house that specialised in seamless garments, including knitwear, tops, leggings and shapewear. The business is based in the Melbourne suburb of Collingwood and, in 2010, employed 20 staff…

Travel company collapses into voluntary administration, with 40 employees and up to 15,000 customers affected

A gold coast company that offered “heavily discounted” travel packages to its members has collapsed into voluntary administration and ceased trading. More than 15,000 members of Australian Escapes could be affected by the business’s collapse, including some who are currently travelling overseas, as well as approximately 40 employees, according to the Gold Coast Bulletin. However,…

Ed Harry enters voluntary administration

Struggling menswear retailer Ed Harry has been placed in voluntary administration with an immediate clearance sale of merchandise coming into effect as creditors assess the business. On Tuesday, KPMG’s Brendan Richards and Gayle Dickerson were appointed voluntary administrators after a “particularly tough” Christmas sales period for the chain, and mounting pressure from decreased shopping centre…