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Parent company of popular accessory brand Colette in voluntary administration

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The company said it plans to keep all 60 stores open as administrators search for a new owner.

The owner of popular fashion accessory brands Colette by Colette Hayman and The Daily Edited has entered voluntary administration.

It would be "business as usual", the company said as it continued to operate, with the aim of securing a sale of the businesses.The parent company of Colette by Colette Hayman has entered voluntary administration. The Daily Edited is best known for monogrammed leather goods such as handbags and phone cases and had shops in Sydney as well as in the US and Singapore.

 

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Popular Accessories Company Falls into Voluntary AdministrationPopular jewellery and bag companies Colette and The Daily Edited have fallen into voluntary administration as their umbrella company tries to salvage their business during cost of living pressures.
Source: newscomauHQ - 🏆 9. / 77 Read more »