A melbourne-based retail chain that helped launch fashion labels including Sass & Bide, Gorman and Alpha60 has collapsed into voluntary administration for the second time. FAT Stores operates five outlets in the Melbourne, selling a variety of local and international clothing labels. A sixth outlet in the Highpoint Shopping Centre in Melbourne’s west closed today.…
Award-winning pastry chef Pierrick Boyer has been forced to place his recently opened melbourne cafe into voluntary administration, blaming adjacent construction work for the downfall of his business. Boyer was named pastry chef of the year by Gault & Millau Australia last year, but since then his fortunes have taken a turn for the worse.…
Premium chocolate brand Koko Black will emerge out of voluntary administration with a new owner, after the founder of the Grill’d burger chain, Simon Crowe, bought the brand. Administrators Deloitte confirmed to SmartCompany this morning Koko Black has been bought out of administration by a company owned by Crowe. A spokesperson for Deloitte said…
The company’s Melbourne headquarters in High Street, Armadale.In 2013, Mossgreen acquired coin, stamp and memorabilia experts Charles Leski Auctions and in 2015 acquired New Zealand auction house Webb’s.In 2016, Mossgreen opened its first sydney auction rooms and gallery, in the exclusive suburb of Woollahra.But in July this year, Mr Sumner and Ms Swanson bought back…
Australian fashion brand Zachary the Label has reportedly gone into voluntary administration due to funding issues and increased competition both internationally and online. The melbourne-based brand joined the list of retailers that have gone into administration on Monday. The news was reportedly confirmed by insolvency firm Jirsch Sutherland, which has been appointed as administrators. Its…
UPDATE: Nuts About Tella has emerged from voluntary administration and is expanding with the addition of a new brand. Read about it here. melbourne-based dessert-pizza retailer Nuts About Tella has become the latest dessert-focused retailer to fall victim to tough times, appointing voluntary administrators late last week. Glenn Spooner and Sam Kaso of Cor Cordis…
Prestige melbourne developer Canny Builders has entered voluntary administration and ceased trading. Company director Damian Canny called in accounting firm PKF last Friday. Administrators Glenn Franklin and Jason Stone are assessing whether the business can be sold. PKF said it is “already aware of a number of parties interested in the business and the company’s…
By MICHAEL PICKERING FOR DAILY MAIL AUSTRALIA Published: 12:12 AEDT, 15 March 2024 | Updated: 12:44 AEDT, 15 March 2024 Award-winning brewery Deeds Brewing has gone into voluntary administration in what shapes as another terrible year for the nation’s boutique brewers. The company based in Glen Iris,
Rugby Australia is working with the debt-ridden melbourne Rebels to ensure they field a team in this year’s Super Rugby Pacific competition but has offered no guarantees beyond that. Melbourne formally entered voluntary administration on Monday night, with the season set to get underway in less than a month. The national governing body said it…
A brisbane air conditioning manufacturer has slashed more than 150 jobs after being forced into voluntary administration. Siganto & Stacey – which has worked on key projects including the new Australian Taxation Office Brisbane headquarters, Robina Hospital extension and Prince Charles Hospital upgrade – broke the news to staff this week. The 46-year-old company’s construction…