• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Women's clothing chain Brown Sugar runs into administration

08 Aug '11
1 min read

Brown Sugar, the Australian mid-range fashion chain for women that designs, develops and manufactures its own collection, has run into administration.

The company, having a chain of 40 stores with 24 in Victoria alone, was struggling for some time and finally bowed to the grim conditions that are prevailing in Australia's retail sector.

The retailer for women's wear has become the latest company to run into administration after Borders, Colorado and Bettina Liano due to a buyer's strike. However, Brown Sugar also suffered from other problems like unstable management and supply problems.

Sal Algeri of Deloitte Touche Tohmatsu has been appointed as the administrator, who immediately announced a stock clearance sale that is to begin 'shortly'.

At the moment, the job of about 220 people working for the stores seems to be safe, but they might lose their jobs if the administrator decides to close the stores after assessing the company's assets.

As an immediate measure, however, the administrator had announced that shoppers possessing Brown Sugar gift vouchers would be given discounts for only half the face value.

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search