The companies comprising the Allphones Group were hit hard by the Samsung Galaxy Note 7 debacle, iPhone 7 delays, and multiple contract terminations in the lead up to the withdrawal of funding that saw the businesses enter administration in February.
Mobile phone retailer, Allphones, went into voluntary administration in February, with at least 18 of its stores around the country closing up shop due to insufficient funding, resulting in more than 60 redundancies.
A new report by the companies administrators, Philip Carter, Daniel Walley and Mark Robinson of PPB Advisory, reveals the major contributing factors behind th…
Read the full article at: http://www.arnnet.com.au/article/616958/long-tale-behind-allphones-descent-into-administration/