melbourne-based homewares brand Fenton&Fenton has collapsed after 15 years in business. The company’s website announced that it has gone into liquidation and has appointed Adam Nikitins and Stewart McCallum of EY to oversee the sale of the entity. Established in 2008 by Lucy Fenton, the brand sold homewares, furniture and artwork through its physical store…
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Australian-owned and operated battery and smart inverter outfit Redback Technologies has come out of voluntary administration and is back in business under the control of new owners, Australia Ebon Group. The brisbane-based company went into voluntary administration in March, just days after being a part of the Smart Energy Conference in sydney, where it was…
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By DAVID SOUTHWELL FOR DAILY MAIL AUSTRALIA Published: 20:00 AEDT, 24 January 2024 | Updated: 02:05 AEDT, 25 January 2024 A building firm has collapsed owing more than $6million to creditors. Insignia Homes, which is based on the gold coast, has stopped all work on its sites after going into liquidation on Monday. This leaves…
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Another Australian brewery is in serious financial difficulty, following on from a series of craft brewers entering voluntary administration – and they all blame the same reason for their troubles. The latest casualty is the gold coast-based Black Hops Brewing, which has gone into voluntary administration due to mounting tax debts. Like the many other…
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Appointed liquidators Hamilton Murphy will be working to recoup costs for the 330 creditors, who are owed more than $100 million. The SKM group has been in external administration since August. SKM abruptly stopped accepting household recycling from more than 30 councils in late July after the Environment Protection Authority ordered another SKM-linked company, Glass…
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“Upon reflection, was my vision too ambitious? Can a business truly do better for people and planet and achieve commercial success?” James Bartle, founder of Outland Denim, the sustainable gold coast label favoured by Meghan, Duchess of Sussex, remains optimistic but is still looking for answers to Dai’s question. “You wouldn’t be in this game…
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melbourne builder Verve Construction has joined apartment developers Ralan and Steller and and national building supplier SWC as a big property development casualty of 2019. The Abbotsford-based company, owned by Robert Magdziarz, kept a relatively low profile but was undertaking several big apartment projects across Melbourne this year. Loading… Continue reading…
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Australian womenswear brand Bardot has become the latest victim of the cut-throat retail sector, announcing they have gone into voluntary administration to save their Aussie stores. Bardot will continue trading as usual, but have appointed administrators Brendan Richards and Ryan Eagle of KPMG to find buyers or try to restructure the company. The Australian clothing…
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Fraser said the group had struggled after the Victorian Civil and Administrative Tribunal found in 2019 that the firm was partly financially responsible for the millions of dollars in damages arising from the Lacrosse tower fire in November 2014, which was ignited by a cigarette left on a balcony but fuelled by combustible cladding. Di…
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Australian-founded, Hong Kong-owned denim label Jeanswest is the latest retailer to enter voluntary administration, with the future of its 146 stores uncertain. Key points: Jeanswest opened its first store in perth in 1972 and is now owned by a private Hong Kong firm Only the Jeanswest operations in Australia are affected, with stores overseas operated…
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