Luggage retailer Victoria Station is the latest local retail chain to call in administrators, appointing SV Partners to the business on Tuesday.
Administrators have been appointed to four companies associated with the operation and assets of the business: Victoria Station Corporation Pty Ltd, Victoria Station Services Pty Ltd, Michael Hartz Pty Ltd and Peter Hartz Pty Ltd.
Administrator Michael Carrafa, executive director at SV Partners in melbourne, says the group operates 64 stores across the country, 43 of which are branded Victoria Station. The other 21 stores trade under the name Kate Hill, the handbag imprint which Victoria Station also operates.
The company was founded by brothers Paul and Michael Raiter in Melbourne in 1990, and over the following two decades the business expanded into sydney, Canberra, Adelaide, perth and across Queensland. Paul and Michael Raiter remain directors of the companies.
Carrafa says that while no comment can be made at this stage on the scale of the company’s liabilities, administrators will be looking to keep stores open and maintain “business as usual” as expressions of interest are sought for the brands.
“We’ll be seeking expressions of interest and you never know what kinds…
