- After going into voluntary administration, Seafolly is on its way to receiving a lifeline.
- Administrators KordaMentha selected L Catterton as the preferred bidders for Seafolly the swimwear brands former parent company.
- Seafolly was founded by Peter and Yvonne Halas back in 1975 and acquired by L Catterton in 2014.
- Visit Business Insider Australias homepage for more stories.
Seafolly is on its way to getting a lifeline.
The Aussie swimwear brand went into voluntary administration in June 2020 after being impacted by the coronavirus pandemic and the bushfires before that. It appointed KordaMentha as administrators.
Now KordaMentha has revealed L Catterton as the preferred bidder for Seafolly the very same company Seafolly was prev…
Read the full article at: https://www.businessinsider.com.au/seafolly-lifeline-l-catterton-2020-7
