The perth DFO stores is one of four shutting down. (Transit Clothing, Facebook) Transit Clothing Transit Clothing has gone into voluntary administration, with four stores shutting down in WA. Mandurah, Dunsborough and Perth DFO branches will close immediately, followed by the Clarkson outlet on Saturday. All staff members affected by the closures will be made redundant…
Toys R Us has gone into administration five years after the company was saved. In a statement to the ASX the company said the business has been put into voluntary administration. Toys R US ANZ has put Luke Andrews and Duncan Clubb from BDO Business Restructuring in charge of the restructure to the toy store.…
Virgin will continue to operate while in voluntary administration, and is not collapsing, the airline’s boss says. CEO Paul Scurrah says today’s announcement that the carrier was in administration was tough, but the plan was for the group to survive the economic impact of the coronavirus pandemic. At least 10 potential investors, some international, are…