by PSC Trade Credit Risk | Feb 4, 2020 | Blog
Yet another high-profile Aussie fashion brand has announced its stunning collapse. The company behind popular jewellery and accessories chain Colette by Colette Hayman – the CBCH group of companies – was placed into voluntary administration late last month, it has...
by PSC Trade Credit Risk | Jan 23, 2020 | Blog
With their role in turning around failing businesses, or winding them up, the corporate undertakers are an indicator of the broader economy, so it’s telling that they’re hiring, expanding and preparing for a difficult 2020. “We’re starting to...
by PSC Trade Credit Risk | Jan 16, 2020 | Blog
National fashion retailer Jeanswest has collapsed into administration, becoming the latest major retailer to fall on tough times in recent weeks. The business, which employs 988 people and has 146 stores across the country also has a number of international stores,...
by PSC Trade Credit Risk | Dec 3, 2019 | Blog
The company behind famous retail brands Australian Geographic and the Co-op Bookshop has entered voluntary administration owing more than $15 million to toy sellers and publishers. The administrators confirmed they were investigating payments made to a major supplier...
by PSC Trade Credit Risk | Nov 21, 2019 | Blog
A national restaurant institution has called in administrators with some staff told several locations will not open its doors again. Italian chain Criniti’s is the latest hospitality institution to fall victim to the weak economy and crippled consumer spending after...