Second collapse in four years for Australian swimwear label Tigerlily
Australian fashion brand Tigerlily has called in voluntary administrators for the second time in four years, putting new question marks over the beachy-chic brand's future.
Australian fashion brand Nique enters voluntary administration in latest retail collapse
Australian fashion label Nique has entered voluntary administration, becoming the latest high-street brand to falter in a tumultuous economic environment.
Big Shed Brewing, Hawkers Beer tap the administrators as craft beer sector calls for excise freeze
Two major names in Australia's craft brewing scene have collapsed in the past week, as industry representatives urge the federal government to freeze alcohol tax hikes and soften the blow of COVID-era debts.
Construction businesses a grim standout in insolvency data, as experts seek silver linings
The number of business insolvencies boomed in late 2023 and is poised to accelerate in 2024, official data shows, but industry leaders professionals say the growing use of the small business restructuring scheme is a silver lining.
All-you-can-eat Japanese restaurant Okami puts 16 venues into voluntary administration
Sixteen restaurants managed by all-you-can-eat Japanese restaurant business Okami have entered voluntary administration, as its founder contends with delayed COVID-era costs and rising inflation.
Zoë Foster Blake’s $21.8 million Go-To deal is the latest BWX skincare buy-back
Go-To Skincare co-founder Zoë Foster Blake, who sold a majority stake in the cult-favourite brand for $89 million just two years ago, has reclaimed ownership in a deal worth $21.8 million.
Legaltech platform Immediation calls in administrators after raising millions
Immediation, a digital conflict resolution platform designed with small businesses in mind, has collapsed into administration after securing millions of dollars of investor funding.
Small business requests for insolvency help grow sevenfold
The number of small businesses turning to the Australian Small Business and Family Enterprise Ombudsman for assistance with insolvencies spiked in the September quarter, revealing how corporate collapses are leaving local traders grasping for help.
Australia “far from the peak” of business failures as slowing consumption hits struggling enterprises
Australia's business failure rate is only set to rise over the next year, analytics firm CreditorWatch states, as persistently high interest rates and lower consumption squeeze enterprises struggling to maintain profitability.
Whole Kids enters voluntary administration after major deal falls through
Whole Kids, a food brand that makes healthy snacks for children, has entered voluntary administration, months after trying equity crowdfunding for a third time.
Protein ball pioneer Bounce Foods collapses into administration after $6 million US expansion leaves “heavy” debt burden
Australian snack food brand Bounce Foods has fallen into voluntary administration, after incurring significant debts from an unsuccessful foray into the American market.
Construction industry collapses surge as sector battles inflation, cash flow limitations and the COVID hangover
Construction company collapses have surged over the last 12 months, as Australian builders battle the end of COVID-era economic stimulus, vulnerabilities in long-established payment models and the impact of rapid inflation and interest rate rises.
