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administration Archives

Despite administration, Ginger & Smart owner is still ‘very bullish’

We spoke to ACTA Capital founder Richard Facioni about the decision to enter administration and what’s next for the desi...

Ex-Wallaby George Gregan’s hospitality group falls into administration

The hospitality group operates the Sydney Opera House Green Room, GG Espresso, The George Bar and Bistro, and Eagle Lane...

Drop in insolvencies and bankruptcies is a ticking time bomb

A misleading impression of 2020 being one of “economic good times” could be gained from recent statistics.

Alice McCall collapses into voluntary administration, stores to close

Founder Alice McCall said the decision was made based on the impact of the pandemic, as well as some unsustainable brick...

September sees bump in administrations as reality sinks in

Victoria and Queensland saw more companies go into administration, while NSW saw fewer.
Image of G-Star Raw jeans in a store

G-Star Raw permanently closes 57 stores after failing to find a buyer

Uncertainty about the future of retail after JobKeeper ends was a major factor in the end result, administrators say.

TM Lewin owes $10 million, mostly to entities in the UK, administrators say

Administrators say they have already received unsolicited approaches for the suiting business.
Image of TM Lewin sign

Local arm of British menswear brand collapses

TM Lewin Australia has entered voluntary administration following the brand's recent administration in the UK.

PAS Group enters voluntary administration in attempt to restructure

Review owner hopes to restructure and continue to operate into the future.

Tigerlily falls victim to coronavirus, enters voluntary administration

Designer swimwear brand negatively impacted by coronavirus, KordaMentha says.

Stylerunner enters voluntary administration

Online activewear retailer has appointed administrators.

Ziera falls into administration months after announcing digital shift

Footwear brand too slow to embrace e-commerce, administrators say.

Karen Millen shutting down its Australian arm

The Australian arm of the UK fashion brand is shutting down.

Administrators back Napoleon Perdis rescue by China expert and retail exec

Kuba, a private investment company, has put forward a DOCA to take over the makeup brand.

Deadline looms for Laura Ashley buyers

Potential buyers must provide firm offers by Monday.

Laura Ashley in administration once again

History repeats itself for classic English fashion and homewares retailer.

With no buyers biting, Roger David will close within weeks

Third-largest specialty men's retailer to close before Christmas.

Max Brenner rescue goes awry

Would-be saviour Tozer & Co no longer in the picture.

SumoSalad Group appoints Ferrier Hodgson as administrators

Food chain's CEO bullish on company's turnaround prospects.

Oliver Brown to exit voluntary administration

Creditors and franchisees back current management team.