The macaron master Adriano Zumbo’s company has been placed into voluntary administration according to reports by the *sydney Morning Herald.* The details of the circumstances that have led to the move are not yet clear, but it’s believed the company could have debts nearing $10 million. Some of the debt might be offset by assets…
Australian seafood company A Raptis & Sons Group, one of the country’s largest privately owned fishing businesses, has entered voluntary administration as efforts begin to restructure or sell the company. The brisbane-based family enterprise, which has operated for more than six decades and spans three generations, is widely recognised as Australia’s largest wild-caught prawn operator.…
Just hours into the start of a new work week, it was all hands on deck inside Rex’s unassuming head office in the heart of sydney. On Monday, the publicly listed regional carrier had entered a trading halt of the Australian Securities Exchange (ASX), pledging to deliver an update about the company by Wednesday. Less…
Save You have reached your maximum number of saved items. Remove items from your saved list to add more. Save this article for later Add articles to your saved list and come back to them anytime. Got it AAA Australia’s largest wild-caught prawn operation has gone into voluntary administration, citing a difficult season last year.…
THE company behind a trio of failed perth restaurants is being pursued for more than $300,000 by a landlord and suppliers. Five summons have been issued against Element WA, which ran The Trustee, Beaufort Local and Enrique’s School for to Bullfighting. They include a summons for $221,322.07 issued by Benjamin and Co which owns the…
Chef Jamie Oliver attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 18, 2017. Reuters/Ruben Sprich British celebrity chef Jamie Oliver’s Australian restaurant group has been put into voluntary administration. The Jamie Oliver Restaurant Group (Australia) Pty Ltd collapsed Monday, just a few months after almost half of his UK…
Aussie Disposals, a long-running Australian camping and outdoor retailer founded more than six decades ago in melbourne, has entered voluntary administration for the second time in six years. The outdoor and military surplus retailer was founded in 1962, and quickly became a staple of Australia’s outdoors scene. The administration covers seven stores across Victoria, South…
The company behind iconic fashion brand Jeanswest has called time on its bricks-and-mortar retail operations as trading conditions for Australian retailers become increasingly tough amid reduced discretionary spending and increased cost of living. Harbour Guidance Pty Ltd, which rescued Jeanswest after it entered administration in 2020, has made the decision to put the company into…
Fashion retailer Bardot has announced it’s gone into voluntary administration. The brand, which employs 800 people at its stores across the country, made the announcement on Thursday evening, with KPMG administrators brought in. Restructuring Services Partner Brendan Richards said stores will continue trading on a business-as-usual basis, while an assessment of the business is undertaken.…
An Aussie swimwear company started by the former wife of James Packer has gone into administration for the second time. Administrators have been brought in at Tigerlily, which was originally set up by model Jodhi Meares, before changing hands multiple times. PKF’s Glenn Franklin and Jason Stone were jointly appointed on March 4, according to…