Australian Fashion Labels has been acquired by a group of private investors, the company has shared.
Australian Fashion Labels entered voluntary administration on January 6th 2021.
The purchase includes the collective view to bring back employees, who were the heart of the company and grow further jobs in the fashion industry.
This acquisition includes the global trademarks, business assets and operations team in Singapore and Shanghai.
Australian Fashion Labels owns the online platform, BNKR, as well as Finders Keepers, C/MEO Collective, Keepsake and The Fifth Label.
It is our absolute focus to bring back the talent that sadly had to be made redundant through the administration process, said Andrew Nunn, an investor involved in th…
Read the full article at: https://powerretail.com.au/news/breaking-australian-fashion-labels-acquired-by-private-investors/