Source: Facebook/ Dion Lee.
The Australian business of unisex fashion brand Dion Lee has been placed into voluntary administration, with the companys financial status remaining undisclosed.
The brand has appointed DVT Group as voluntary administrators for its Australian-based operations. Administrator Antony Resnick and his team are working to assess all options regarding the companys US business.
We are in the very early stages of our administration process, and our focus right now is on speaking with the Australian and US-based teams and getting across all the relevant operational and financial data, said Resnick.
He added that it is still too early to comment on the details of the companys financial position. The administrators ar…
Read the full article at: https://www.smartcompany.com.au/industries/retail/aussie-fashion-brand-dion-lee-voluntary-administration/