HOOTERS Australia has once again been placed in voluntary administration, less than two years after its new owner vowed to breathe fresh life into the controversial “breastaurant” chain. It’s the latest blow for the American sports bar, infamous for its scantily clad waitresses dubbed “Hooters girls”, which has struggled to gain acceptance in the Australian…
Fashion retailer Topshop/Topman has been placed into voluntary administration due to rising debt levels, putting hundreds of jobs at risk. Ferrier Hodgson have been appointed voluntary administrators of the retailer which employs 760 people and has annual sales of approximately $90 million. It remains unclear what will happen to the perth store which opened in…
Normal text sizeLarger text sizeVery large text size It was getting close to 8pm on Thursday, April 16, when Paul Scurrah finally accepted the airline he leads was unlikely to avoid financial collapse. The Virgin Australia chief executive was attending a virtual meeting inside the makeshift office in his brisbane home when bad news filtered…