Lite n’ Easy sacks scores of staff, closes two major call centres
Ready-made meal giant Lite n’ Easy has sacked or redeployed more than 60 staff after closing two major call centres in Melbourne and Brisbane.
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Collapsed motorcycle retail giant’s staggering $65m debt revealed
The mammoth debt of collapsed Australian motorcycle retailer Peter Stevens has been revealed, with creditors facing losses of over $65m including millions in customer deposits.
Customers left $500k out of pocket after laser clinics collapse
Customers have been left $500k out of pocket after several popular Melbourne laser and skin clinics went bust, racking up over $5m in debts and landing the director in possible hot water.
$1.2m in customer deposits caught up in lux bridal collapse
A celebrity-loved Australian bridal label has been saved from liquidation after striking a deal with creditors, sealing the fate of more than $1m in customer deposits.
Aussie shoe brand Wittner to be rescued by footwear giant
Collapsed Australian footwear brand Wittner is poised for a revival, with a global shoe retailer set to acquire a majority stake in the iconic, century-old company.
Founder dodges plea as whisky investment scandal hits court
The man allegedly behind a scandalous whisky buyback scheme has delayed entering a plea, as his lawyer begged for more time to review documents related to over 700 charges.
Creditors settle for 2c on the dollar in Aussie booze giant collapse
Creditors caught up in the multimillion-dollar collapse of an Australian spirit company have been forced to settle for just a sliver of what they are owed.
Retail wipe-out: Australian fashion brands that have gone bust
A string of beloved Australian fashion brands have recently unravelled as post-Covid tax debt and cost of living pressures push them to breaking point. These are the latest chains to suffer financial wobbles
Surprising Melbourne suburb emerges as nation’s business powerhouse
An unexpected Melbourne suburb has been crowned the very best in Australia for new business growth with the number of companies being founded there doubling over the past five years.
Iconic Aussie retailer a step closer to $295m takeover deal
Australian discount giant The Reject Shop is a step closer to locking down a $259m takeover by a Canadian group which has huge plans for its 390 locations.
Original URL: https://www.heraldsun.com.au/journalists/sarah-perillo