Womens clothing retailer Seduce has entered voluntary administration and its Australian bricks-and-mortar stores have closed, just weeks after being hit by a wind-up notice from its landlord.
Administrators from Deloitte were appointed to Seduce Pty Ltd on August 16, with Michael Billingsley and Neil Cussen acting as joint administrators.
Billingsley and Cussen were subsequently appointed as voluntary administrators or liquidators of a number of related entities, including as voluntary administrators of parent company Seduce Group Australia Pty Ltd on August 22.
Subsidiary companies Seduce Parramatta Pty Ltd, Seduce Burnside Pty Ltd, Seduce Enex 100 Pty Ltd, Seduce Shellharbour Pty Ltd, Bl…
Read the full article at: http://www.smartcompany.com.au/finance/74104-womens-clothing-retailer-seduce-collapses-into-voluntary-administration/