Founder and daughter duo rescue Crumpler from administration
Iconic bag maker Crumpler has been saved from administration by its founder David Roper and his daughter Virginia Martin.
COVID-19 “roulette table” drives women’s rideshare startup Shebah into voluntary administration
Australian women-only rideshare business Shebah fell through the cracks in COVID-19 business support and struggled to attract backing from the VC sector or the government.
In2Food still looking for franchises, as document reveals $53 million is owed to creditors
Food wholesaler In2Food is advertising for new franchisees to join the business, as documents filed with the corporate regulator shows the business owes more than $53 million to creditors.
Small businesses begin registering for new temporary restructuring relief amid overhaul to insolvency laws
SMEs have begun registering for temporary restructuring relief, under the country’s new insolvency regime that began on January 1.
Alice McCall collapse: Eight stores closed, but fashion business to continue with reduced footprint
Eight Alice McCall retail stores have closed after the fashion brand entered voluntary administration on Sunday.
Business insolvencies rose by 11% in September amid some improvement in payment times
The number of Australian companies falling into administration rose in September, in the first increase in insolvency numbers since June.
G-Star Raw: 57 stores closed and 200 jobs lost as no buyer found for collapsed chain
Denim fashion chain G-Star Raw has closed 57 stores, and 200 jobs have been lost, after no buyer was found for the collapsed retailer.
Miniso Australia in financial turmoil after master franchisee collapses, owing $14.6 million
The Australian master franchisee for multinational discount retailer Miniso has collapsed into voluntary administration after the COVID-19 pandemic saw sales plummet.
Collapsed T.M. Lewin Australia owes $10 million as unsolicited suitors line up
Administrators for T.M. Lewin Australia are considering whether to re-open some of the brand's retail stores to help clear stock ahead of a formal sale process.
Collapsed Seafolly to close 15 Sunburn stores, as 50 potential buyers express interest
Seafolly Group will close 15 of its Sunburn branded stores as administrators for the collapsed swimwear retailer seek to slim down the business for sale.
T.M. Lewin Australia collapses into administration, as UK-based parent restructures
T.M. Lewin Australia has collapsed into voluntary administration following a decision by its UK parent company to close all its stores in an emergency restructure deal.
Crumpler to share office space with Tigerlily in coronavirus-inspired sharing deal
Crumpler has inked a deal with Tigerlily that will see both retailers share IT, warehouse and office resources to save costs in the wake of COVID-19.
