A popular accessories company has fallen into voluntary administration as they try to salvage their business during cost of living pressures.Popular jewellery and bag companies Colette and The Daily Edited have fallen into voluntary administration, as their umbrella company Marquee Retail Group tries to salvage their business during cost of living pressures.
The board of directors at MRG appointed Domenic Calabretta, Mitchell Ball and Richard Lawrence of Mackay Goodwin as voluntary administrators on Wednesday. “We hope to work with all parties to ensure an outcome, either with a sale or a deed of company arrangement recommended in time by the administrator.