Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. “The Administrators are undertaking an urgent assessmentContinue Reading
A farming business with operations across Australia has entered voluntary administration, putting some 500 jobs at risk. HS Fresh Food, which specialises in fresh salads, ready-made meals, snacks, food-to-go and pre-prepared vegetables products, collapsed on June 14, with FTI Consulting administrators Vaughan Strawbridge, Joanne Dunn and Ben Campbell brought inContinue Reading
Black Hops Brewing, an acclaimed Australian brewery stocked in bottle shops across the country, has decided to enter voluntary administration due to escalating tax debts. The move comes as a shockwave amid a surge of breweries facing similar financial strains, marking a significant setback for the company’s operations. The GoldContinue Reading
Seafolly, one of Australia’s most iconic swimwear brands, has undergone a significant change in ownership. The brand, known for being endorsed by top models such as Gigi Hadid, Miranda Kerr, and Lara Worthington, has been sold by US retail specialist L Catterton in a deal estimated at approximately $70 million,Continue Reading
NSW Opposition Leader Chris Minns has given former deputy premier John Barilaro 24 hours to “clear the air” or risk an ICAC referral after explosive findings he excluded Labor-held electorates from bushfire recovery grants. A damning new report from the NSW Auditor-General has cast a new light on how MrContinue Reading