Fashion retailer Jeanswest will close all brick-and-mortar stores and cut hundreds of jobs as its parent company enters administration. The brand’s parent company Harbour Guidance have appointed administrators at Pitcher Partners Melbourne to restructure the business. While the company’s 90 physical stores will close, it is not yet known if the brand and its online…
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Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month. Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month. Here’s how the process is unfolding so far: Which stores are part of…
The mood was melancholic this week at St. Albert Centre as shoppers got news that the mall’s Hudson’s Bay outlet was set to close its doors for good. A nationwide liquidation sale of all but six Hudson’s Bay outlets in Canada officially began March 24. Hudson’s Bay Company ULC filed for creditor protection on March…
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The parent company of Jeanswest has entered voluntary administration, making it the latest retailer to collapse in a brutal environment for Australian fashion brands. Harbour Guidance Pty Ltd, the corporate entity behind the Jeanswest brand, on Wednesday appointed Lindsay Bainbridge, Andrew Yeo, and David Vasudevan of Pitcher Partners Melbourne as joint administrators. The administration will…
Jeanswest back in administration Business News Read the original article here
Austrans is not the first business associated with O’Shea that has collapsed.Credit: Instagram O’Shea, who took over the 37-year-old business from his father, said it had been sabotaged by a rival transport company, which he accused of illegally suspending its services to derail Austrans and its holding company, Vermile Pty Ltd. “I categorically deny all…
A UNBC Associate Professor wouldn’t be surprised to see the Hudson’s Bay Company continue to exist even after 86 of its 92 Bay stores close down following liquidation. Yesterday (Monday), liquidation began at the majority of its storefronts including the Parkwood Place location in Prince George. On Friday an Ontario judge ruled six of its…
Canada’s oldest company will begin liquidating most of its stores this morning. Hudson’s Bay says all but six of its locations will be selling off their inventory. The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used. Hudson’s Bay…