Designer Kym Ellery's edgy outfits won over celebrities. Her 2019 fashion business collapse left suppliers owed millions

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Designer Kym Ellery's edgy outfits won over celebrities. Her 2019 fashion business collapse left suppliers owed millions
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Celebrated fashion designer Kym Ellery defends her handling of the 2019 collapse of her Australian business.

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And that's what Kate did, when she looked at Ellery Land's books.

Kym Ellery says the "Ellery" trademark was sold to a related company in 2016, but only completed in 2019 — two weeks before a liquidator was appointed. Liquidator records show The Holy Mountain — owned by Kym Ellery — was a "secured" creditor, which means it was among those first in line to get paid when the company went under. It received about $170,000.

She puts it partly down to the nature of the fashion industry, where it can take months for a design to start generating profits.

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