Designer label Dion Lee has appointed voluntary administrators in the latest high-profile business to come under pressure amid difficult economic conditions.
The fashion house, which has six stores in Australia and one in the US, is now under the control of insolvency firm dVT Group administrator Antony Resnick, who will continue running the business as a going concern as he urgently assesses all options relating to the US business.
Designer Dion Lee prepares backstage for his fashion show during New York Fashion Week in February 2019.Credit: Fernanda Calfat/Getty Images
We are in the very early stages of our administration process and our focus right now…
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