Critical Stages Touring placed into liquidation

Just six months after taking over the reins of the sydney-based national theatre touring company Critical Stages, CEO Robbi James has announced the “difficult decision” to place the company into liquidation. The company has ceased to trade with immediate effect. All employment contracts have been terminated. Critical Stages Touring has been supporting artists and audiences…

Sydney Mexican restaurant, Checho’s, in Penrith has collapsed, blaming tough hospitality trading conditions

Tough trading conditions in the hospitality sector have struck again, with the collapse of another popular restaurant resulting on the loss of 15 jobs. Mexican restaurant Checho’s, in sydney’s outer western suburb of Penrith, closed its doors on Sunday, with the directors putting the company into liquidation yesterday. Checho’s had traded in the suburb since…

Luxury fashion retailer Harrolds collapses owing $16m

An Australian luxury fashion retailer, which spruiked celebrities visiting its store and stocked some of the world’s most famous designers, has collapsed owing $16 million. After nearly 40 years of operation Harrolds was quietly placed into liquidation at the start of October. The company was founded in 1985 with its first store opened in melbourne…

Australia’s Harrolds faces liquidation, owing millions to creditors 

The move follows the liquidation of four entities associated with the business. Credit: vincentq/Flickr(Creative Commons).  Australian luxury fashion retailer Harrolds has entered liquidation after nearly four decades in the industry, owing millions to creditors.   This follows the liquidation of four entities associated with the company: Harrolds Logistics, JTP sydney, Harrolds Femme, and Nelson River International…