Home / Knowledge / News / Apparel/Garments / Menswear retailer Ed Harry in administration
Menswear retailer Ed Harry in administration
23
Feb '11
EDH Pty Ltd, the owner and operator of approximately 130 Ed Harry menswear stores in city and country locations around Australia, has been placed in Voluntary Administration. Ferrier Hodgson partners Martin Lewis and John Hart have been appointed Voluntary Administrators of the South Australia-based retailer.

Ed Harry is a specialist menswear retailer offering casual and formal clothing for the middle-aged male. Mr Lewis said it would be business as usual while the Administrators conduct an urgent assessment of the business's financial status and prepare for the first meeting of creditors. During this period he called for regular Ed Harry customers to continue supporting their local outlets.

“We will be working closely with senior management to stabilise the business and explore options for its future including a potential sale as a going concern,” Mr Lewis said.

“This business has been undergoing a significant reconstruction process which has been progressing according to plan. However, the difficult retail environment has placed added pressure on the funding required to complete the change initiatives across all areas of the business, leading to the appointment of Administrators.”

Mr Lewis said the first meeting of creditors is to take place on 4 March 2011.

Ferrier Hodgson


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search