A luxury Australian bridal brand worn by some of Australia’s top celebrities and WAGS has entered voluntary administration with around 56 brides-to-be awaiting delivery of their dresses.
Pallas Couture, established by designer Joy Morris in 2001, is known for premium wedding dresses that could cost as much as tens of thousands of dollars.
Advisory firm Cor Cordis was appointed voluntary administrators after the ATO applied to the Federal Court to wind up the company.
Administrators Jeremy Nipps and Thomas Birch told ACM on May 8 that there would be “minimum disruption” to clients as gowns already in the works will “continue to be created and delivered on time”.
Stores around the country and the company’s website are still operational. The administrators took control of the business on May 1.
An audit of the company’s finances would allow the business to “continue prioritising all brides and continue operations as normal,” the administrators said.
“During this transition, Pallas Couture remains dedicated to its clientele, ensuring a seamless continuation of its service.”
Reality TV star Snezana Wood famously wore Pallas Couture on her wedding day in 2019, as well as cricketer David Warner’s wife, Candice Falzon.