Petra Hair Care has collapsed into liquidation after 52 years in business.
The chain started business as a hairdressing salon in Melbourne’s Elizabeth Street in July 1966 where it became apparent there was a market for selling hair care to the home.
Soon the salon was moved upstairs and the ground floor was selling only hair care.Petra Hair Care grew to five stores located in major shopping centres in Melbourne with qualified hairdressers selling products.
But the company went into liquidation this week with Con Kokkinos of Worrells Solvency & Forensic Accountants appointed as liquidator.
Kokkinos says though it is still early in the liquidation process…
Read the full article at: http://www.smh.com.au/small-business/managing/petra-hair-care-collapses-into-liquidation-20180202-h0sha9.html