Kuuhubb Inc. Announces Debt Restructuring of Subsidiary Kuu Hubb Oy – Yahoo Finance

The Debt Restructuring initiative focused specifically on its Finnish subsidiary Kuu Hubb Oy is intended to improve the companys financial situation by decreasing its current debt burden HIGHLIGHTS: Board of Directors unanimously supports the debt restructuring of its Finland-based subsidiary Kuu Hubb Oy, which represents over 7.7 million of aggregate indebtedness Kuuhubb Inc.s operations will…

Bag maker Crumpler collapses as pandemic lockdowns ravage retail – Brisbane Times

Popular bag maker Crumpler has collapsed into administration one year after celebrating its 25th anniversary, with the COVID-19 pandemic wreaking more havoc on the countrys retailers. Notices published by corporate regulator ASIC on Thursday showed insolvency firm PKF was appointed administrator of the trendy bag manufacturer, which is headquartered on Melbournes busy Russell Street. Crumplers…