City Chic Collective CEO Phil Ryan has confirmed that the recent sale of its Avenue business will drive further restructuring actions ahead, resulting in a focused single brand and simplified operating model. This week, the group signed a definitive agreement to divest its US-based Avenue business to FullBeauty Brands for US$12 million (~A$18 million) as…
What is the Small Business Restructuring process? Australias Small Business Restructuring (SBR) process is a formal insolvency process introduced by the Federal Government in 2021 to give small businesses the opportunity to restructure their debts while directors remain in control of the business, under the supervision of a restructuring practitioner. The SBR process involves a…
With businesses collapsing at levels not seen since 2012, Grant Thornton Australias John McInerney suggested that the small business restructuring scheme could be a more favourable option than a payment plan. He made the comments ahead of his session at the ACE24 Accounting Conference and Expo 2024, where he will unpack how accountants can help…
City Chic Collective CEO Phil Ryan has confirmed that the recent sale of its Avenue business will drive further restructuring actions ahead, resulting in a focused single brand and simplified operating model. This week, the group signed a definitive agreement to divest its US-based Avenue business to FullBeauty Brands for US$12 million (~A$18 million) as…
What is the Small Business Restructuring process? Australias Small Business Restructuring (SBR) process is a formal insolvency process introduced by the Federal Government in 2021 to give small businesses the opportunity to restructure their debts while directors remain in control of the business, under the supervision of a restructuring practitioner. The SBR process involves a…
With businesses collapsing at levels not seen since 2012, Grant Thornton Australias John McInerney suggested that the small business restructuring scheme could be a more favourable option than a payment plan. He made the comments ahead of his session at the ACE24 Accounting Conference and Expo 2024, where he will unpack how accountants can help…
City Chic Collective CEO Phil Ryan has confirmed that the recent sale of its Avenue business will drive further restructuring actions ahead, resulting in a focused single brand and simplified operating model. This week, the group signed a definitive agreement to divest its US-based Avenue business to FullBeauty Brands for US$12 million (~A$18 million) as…
What is the Small Business Restructuring process? Australias Small Business Restructuring (SBR) process is a formal insolvency process introduced by the Federal Government in 2021 to give small businesses the opportunity to restructure their debts while directors remain in control of the business, under the supervision of a restructuring practitioner. The SBR process involves a…
With businesses collapsing at levels not seen since 2012, Grant Thornton Australias John McInerney suggested that the small business restructuring scheme could be a more favourable option than a payment plan. He made the comments ahead of his session at the ACE24 Accounting Conference and Expo 2024, where he will unpack how accountants can help…
City Chic Collective CEO Phil Ryan has confirmed that the recent sale of its Avenue business will drive further restructuring actions ahead, resulting in a focused single brand and simplified operating model. This week, the group signed a definitive agreement to divest its US-based Avenue business to FullBeauty Brands for US$12 million (~A$18 million) as…