melbourne based audio and home entertainment retailer Hollywood Cinema Store has been placed into liquidation as the specialist audio market struggles to survive in a changing market. The Victorian business which has been struggling for some after being restructured back in 2019 was operating two stores, what’s not known at this stage is the total…
Major Australian fashion retailer Mosaic Brands has entered voluntary administration, putting thousands of jobs at risk. The ASX-listed retailer, which holds iconic brands such as Rivers, Katies, Millers and Noni B, announced its move into administration on Monday afternoon. “Following recent attempts by the company to informally restructure its operations, the Board of Mosaic has…
The Orchard, a popular dining destination in sydney‘s Penrith has been placed into voluntary administration as it battles with the cost-of-living crisis. · The Orchard A popular dining destination has been placed into voluntary administration as it battles with the cost-of-living crisis. The sprawling business in Penrith, which includes a cafe, bar and restaurant, first…