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Daily Archives: July 13, 2017

Myer ‘erases’ Topshop concessions from stores as negotiations continue – The Sydney Morning Herald

LiquidationBy Insolvency GuardianJuly 13, 2017

Myer has closed its 17 Topshop concessions as negotiations continue to save the Australian arm of the UK fast-fashion business from total collapse. Visitors to Myer stores hoping to pick up a Topshop garment this week would have likely been met with scant signage and zero trace of the brand on the shop floor. Play…

How Much Will It Cost to Cover the Liberals’ Site C Gambling Debt? – TheTyee.ca

GamblingBy Insolvency GuardianJuly 13, 2017

The new NDP government plans to ask the BC Utilities Commission to review the economic viability of the $8.8-billion Site C hydroelectric dam. With, presumably, the projects shutdown a possible outcome. Contests, events & more from Tyee and select partners Incoming premier John Horgan has said he wants answers within six weeks. If the utilities…

Mias bakery in administration as owner claims low price of bread partly to blame – ABC Local

BankruptcyBy Insolvency GuardianJuly 13, 2017

West Australian bakery Mias has been placed into voluntary administration. The family-owned bakery, which has been trading since 1950, employs about 150 staff. Mias chief executive Conrad Mias said the low bread price was one of a number of factors leading to the company’s financial problems. He said the introduction of Aldi into the…

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