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Australian fashion brand Nique enters voluntary administration in latest retail collapse

Australian fashion brand Nique enters voluntary administration in latest retail collapse

Nique Pty Ltd was placed into Voluntary Administration on 14 February 2024, with Justin Howlett of SMB Advisory appointed Voluntary Administrator.  Nique Pty Ltd is an iconic Australian fashion label established in Melbourne more than 20 years ago, with stores located across metropolitan Sydney and Melbourne and a strong on-line presence.

Nique calls in the administrator, creditors meeting set

Nique calls in the administrator, creditors meeting set

Nique Pty Ltd is an iconic Australian fashion label established in Melbourne more than 20 years ago, with stores located across metropolitan Sydney and Melbourne and a strong on-line presence.

Fashion label Nique enters voluntary administration

Fashion label Nique enters voluntary administration

Nique Pty Ltd was placed into Voluntary Administration on 14 February 2024, with Justin Howlett of SMB Advisory appointed Voluntary Administrator.

NEWSFLASH!

NEWSFLASH!

With assistance from SMB Advisory Partner, Justin Howlett as Liquidator of BMT Communications Pty Ltd , ASIC has banned two directors for their involvement in the failure of a total of six companies, leaving $3 million in debts to unsecured creditors, including $1.75 million to the ATO. Further details are linked in the article below:

Justin Howlett on Money News

Justin Howlett on Money News

Victorian partner Justin Howlett has been experiencing unprecedent levels of enquiries from our vast network of Accounting, Legal and Financial Counselling contacts seeking assistance for financially distressed clients.

Is this the end of the insolvency drought?

Is this the end of the insolvency drought?

It has been said that with all the stimulus measures and health restrictions that were put in place over the past two years, two industries that were unexpectedly adversely affected were those...

Justin Howlett -  Business Recovery & Insolvency Expert, Partner at SMB Advisory

Justin Howlett - Business Recovery & Insolvency Expert, Partner at SMB Advisory

Listen to  SMB Advisory Partner, Justin Howlett, on Money News discussing businesses in regional areas suffering the post-pandemic...

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