Home / Knowledge / News / Apparel/Garments / Popular women's label in administration
Popular women's label in administration
23
Jul '11
One of Australia's best-known women's fashion labels, Bettina Liano, has been placed in Voluntary Administration.

Ferrier Hodgson partners John Lindholm and Brendan Richards have been appointed Voluntary Administrators and are managing the business.

The Bettina Liano brand was established in 1984 when one of her designs was spotted on Chapel Street by a then-prominent retailer, and now trades in Melbourne, Sydney and Perth through a chain of seven boutiques. The brand is distributed through the rest of Australia, New Zealand, Indonesia and Malaysia through more than 120 stockists. The brand employs 90 people in Australia.

Administrator John Lindholm said it would be business as usual at Bettina Liano while he conducts an urgent review of the business.

“We will be looking for a buyer straight away – we will be advertising for expressions of interest before the end of the week,” Mr Lindholm said. “Through our review of the business we will look at the potential to restructure the company and get it back on track. It is too early to be able to say with any surety what led the company to this position, but obviously times have been pretty tough in Australian retail.”

Director, Bettina Liano, said she would be working with the Administrators in an effort to return the business to profitability.

“I have appointed the Administrators and feel that we can manage the Bettina Liano brand through this difficult transition period,” Ms Liano said.

Ferrier Hodgson

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search