Providing Opinions or Determining Current Market Rent during a pandemic eg. Covid-19, including compliance with Australia’s National Code of Conduct
When Covid-19 first started emerging sometime in January my ears pricked up. Since I was…
Administrators have been appointed to wind down the Australian arm of Karen Millen, after the business fell into administration in Britain last month.
The UK fashion brand, which turned over approximately $19 million in Australia last year, operates seven independent stores and eight concessions in David Jones and Myer department stores.
Deloitte partners Richard Hughes, Tim Norman and Michael Billingsley, who have been appointed joint and several administrators, said they would conduct a controlled wind-down of the business in the coming weeks.
Approximately 80 employees, many of them casuals, will be impacted by the closure.
Article Inside Retail by Heather McIlvaine September 4, 2019