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Wagga staff entitlements uncertain as Napoleon Perdis makeup store closes down – Daily Advertiser

news, local-news,

Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. An unknown number of employees have lost their jobs and the payout of entitlements will depend on votes by the chains creditors. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrells firmsaid an assessment of each of the chains 56 stores had been completed over the weekend factoring in past performance, the right sizing of the business as a whole and the location. As result of this review we have identified a number …

Read the full article at: https://www.dailyadvertiser.com.au/story/5887537/wagga-staff-entitlements-uncertain-as-napoleon-perdis-makeup-store-closes-down/

Category: LiquidationBy Insolvency Advisory AccountantsFebruary 5, 2019

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Wagga staff entitlements uncertain as Napoleon Perdis makeup store closes down – Daily Advertiser

news, latest-news,

Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. An unknown number of employees have lost their jobs and the payout of entitlements will depend on votes by the chains creditors. The citys Wagga Marketplace store, which was temporarilyshuton Thursday for a stocktake, was one of 28 stores marked for closure by the administrators on Monday. Administrator Simon Cathro from the Worrells firmsaid an assessment of each of the chains 56 stores had been completed over the weekend factoring in past performance, the right sizing of the business as a whole and the location. As result of this review we have identified a number…

Read the full article at: https://www.dailyadvertiser.com.au/story/5887537/wagga-staff-entitlements-uncertain-as-napoleon-perdis-makeup-store-closes-down/?cs=9402

Category: LiquidationBy Insolvency Advisory AccountantsFebruary 5, 2019

Post navigation

PreviousPrevious post:Transport insolvency prompts liquidator warning – Australasian Transport NewsNextNext post:Collapsed Napoleon Perdis to close 28 stores as administrators seek a buyer – SmartCompany.com.au

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May 13, 2025
Beau Homes goes into liquidation
May 9, 2025
Regulating Fraudulent Use of the Corporate Form
May 6, 2025
Aussie Plant Based Co. acquired by Smart Foods, production resumes
May 4, 2025
Socceroo star Steve Horvat’s family company pushed into liquidation on the eve of Western United heading into A-League finals
May 2, 2025
Perth’s biggest event lighting company in liquidation after being decimated by the pandemic
April 30, 2025
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