ISHKA placed into voluntary administration – realestatesource

Homewares retailer ISHKA was placed into voluntary administration today. Established in melbourne’s Glen Iris 49 years ago – the family owned chain employs 500 people and trades from 60 stores. ISHKA owner Tony Darvall said the decision follows a “catastrophic Christmas and summer” of trade. “We realised everything wasn’t right, so we’ve been flat out…

Billboard Media competitors benefiting from voluntary administration

Billboard Media competitors have been inundated with phone calls from previous clients of the business that has been placed into voluntary administration. One of several printers interviewed by Sprinter, has confirmed that the “phone has been running hot with new business leads” following the news that Billboard Media went into administration last week – as…

Fearocious fate: Food delivery business collapses into voluntary administration

A gourmet food company that delivers produce to small businesses across NSW has gone into voluntary administration. Fearocious Buying Co, which trades as The Fearocious Feed, has been distributing food products and ingredients to restaurants, delis, cafes and caterers since it was founded by owner Ian Feary in 1997. Feary built up the network of…

Sustainable packaging startup Great Wrap collapses under $39m debt

melbourne-based material science company Great Wrap has entered into voluntary administration with reported debts of $39 million, almost six years after the founders officially launched their direct-to-consumer brand in 2020, which resulted in 30,000 orders in the first month. Related Article Block Placeholder Article ID: 243047 Great Wrap co-founder and CEO Jordy Kay announced on…