OrotonGroup collapses into administration – Bendigo Advertiser

Iconic handbag retailer OrotonGroup has gone into administration, becoming the latest casualty in Australia’s retail bloodbath. The company said on Thursday morning that an eight-month strategic review failed to find a viable option to secure its future. Its 59 Oroton stores will continue to trade as usual while administrators Deloitte Restructuring Services pursue a sale…

Students From These States Face Higher Student Debt; AFBC Helps Borrowers Navigate Repayment – PR Newswire (press release)

EMERYVILLE, Calif., Nov. 29, 2017 /PRNewswire/ — Recent reports agree that when it comes to student loan debt, where students live in the U.S. is just as important as their chosen major and college. States in the northeastern and midwestern regions of the U.S. have much higher student loan debt averages than the southern and southwestern…

India cracking down on ‘promoter’ era of impunity – Financial Times

November 30, 2017 Simon Mundy in Mumbai Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental feature Give us your feedback Thank you for your feedback. What do you think? Ill use it in the future I dont think Ill use it … Read the full article at: https://www.ft.com/content/f53914de-d4ed-11e7-a303-9060cb1e5f44

OrotonGroup collapses into administration, joining Aussie retail bloodbath – The Sydney Morning Herald

Iconic handbag retailer OrotonGroup has gone into administration, becoming the latest casualty in Australia’s retail bloodbath.  The company said on Thursday morning that an eight-month strategic review failed to secure a viable option to secure its future.  Play Video Don’t Play Government flips on banking inquiry Play Video Don’t Play Video duration 01:55 Previous slide Next slide…

Oroton placed into voluntary administration – NEWS.com.au

OROTON stores will continue to trade and employ staff on a business-as-usual basis while administrators attempt to find a buyer for the struggling luxury handbag retailer. The company was placed into voluntary administration on Thursday, following a series of shock earnings downgrades earlier this year amid challenging trading conditions, prompting a strategic review of the…

What does going into administration mean and which UK companies have gone bust? From P&H to Monarch – The Sun

WHOLESALER P&H has become the latest company to go into administration leaving employees out of a job. The company, which provides tobacco to some of the UK’s largest supermarkets, has been crippled by debts and 2,500 jobs have been lost. PA:Press Association What does going into administration mean? When a company enters administration, all control…