Harrolds, a luxury fashion department store with flagships in Sydney and Melbourne, has reportedly collapsed owing local and global fashion brands millions of dollars.
Industry publication Ragtrader on Tuesday reported that ASIC documents showed Harrolds, which stocked the likes of Gucci, Alexander McQueen and Australian labels Anna Quan and Song for the Mute, owed fashion brands millions and was entering liquidation after nearly 40 years in business. SMB Advisory was appointed as liquidator.
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Lauren Sams is the fashion editor, based in Sydney. She writes about lifestyle including the arts, entertainment, fashion and travel. Lauren has worked as a features editor and fashion journalist for ELLE, marie claire and more. Email Lauren at lauren.sams@afr.com
