ICONIC Australian footwear, clothing and accessories label Diana Ferrari will close all bricks-and-mortar stores within months. In a statement to shoppers, the company announced the brand’s 23 retail boutiques and 11 clearance outlets will all shut down in the coming months. The label will continue to maintain an online presence. “All Diana Ferrari stores will…
Only making the minimum repayment While you may jump for joy at the minimum amount your are eligible to pay each month, do not give in to this temptation. By only paying the minimum amount, you run the risk of not being able to pay off the debt by the time the interest-free period ends,…
FIONA GOODALL/GETTY Models showcase Andrea Moore designs at New Zealand Fashion Week 2017. Iconic Kiwi fashion brand Andrea Moore has gone into liquidation after nearly 20 years in business. The label’s managing director, Brian Molloy, said “highly damaging” late deliveries, crippling creditor payment defaults and extensive roadworks outside both its Auckland and Christchurch stores constrained…
Huelin-Renouf, made up of separate Guernsey, Jersey and UK entities, collapsed in 2013 leaving 90 employees redundant and a large amount of cargo bound for Jersey businesses stranded in Southampton. Following the penultimate liquidation hearing in Guernseys Royal Court, a total of £674,330 will be returned to creditors. Final closure of the case is scheduled…
An Edmonton woman was jailed after admitting to running a shipping container fraud through her family’s business. Victor Sokolowicz / Bloomberg, file Share Adjust Comment Print A woman who created a shadow company to fraudulently sell shipping containers out from under her mother-in-laws business was handed a 15-month jail sentence Monday. Adelheid Ruth Baxter, also…
South Africa-based hospital chain Life Healthcare Group Holdings Ltd is looking to sell its 49.7% stake in Max Healthcare Ltd, Bloomberg reported citing persons aware of the development. Last month, VCCircle first reported that Life Healthcare was looking to sell its stake in Max Healthcare. VCCircle also reported that Life Healthcare had emerged as a…
Omega Sibanda Eddie Chikamhi, Harare BureauAFTER weeks of incessant attacks during which their authority appeared to be challenged, Zifa have directed that all the associations members should fulfil their statutory obligations by registering their constitutions with the association to avoid any clashes. Zifa vice-president Omega Sibanda yesterday told the media in Harare that it was…
The Reserve Bank of India on Monday approached the Supreme Court seeking permission to initiate insolvency proceedings against Jaiprakash Associates (JAL), the parent company of Jaypee Infratech (JIL). The move had more than 25,000 homebuyers of Jaypee Infratech in Noida and Greater Noida worried that if insolvency proceedings against JAL are allowed, who will deposit…
Women’s clothing retailer Andrea Moore – which has stores in Auckland, Wellington and Christchurch – has gone into liquidation. The Andrea Moore store in Wellington. Photo: Instagram / Andrea Moore McGrathNicol has been appointed as receiver. Andrea Moore has traded as a registered business since 2004. Managing director Brian Molloy said a perfect storm hit…
NEW YORK–(BUSINESS WIRE)–On Jan. 1, Norton Rose Fulbright promoted 10 lawyers to partner in the United States. The new partners are: Beau Cox and Seth Isgur, commercial litigation; Sumantha Rani Sedor, corporate and life sciences; Brenda Hanzl and Becky Limmer, corporate, M&A and securities; Mina Matin, financial institutions and insurance; Eric Daucher and Ryan Manns,…