Allegro Funds to be paid in full, while unsecure creditors will lose money in the deal.
Business will continue trading as usual over the Christmas period.
Interest received for collapsed homewares brand 24 hours after administration announcement.
“We are currently continuing to trade with a view to sell the business.”
Sporting goods the big winner as Christmas spoils get plundered by retail sectors.
Local retailer stable despite economic uncertainty and international influx.
Study finds online sales channels represent 19 of the 20 market leading sectors, with fast fashion the only bricks and mortar inclusion.
Australian retailers are holding their own against international counterparts but e-commerce still lags.
Customer service ‘megatrends’ will dictate the success or failure of businesses in the future – report.