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Activewear label enters administration with $640k of claims

A popular women’s activewear business that is headquartered in Noosa has entered voluntary administration, with creditors claiming they are owed more than $640,000. Exotic Athletica Pty Ltd appointed administrators on April 9, a notice with the Australian Securities and Investments Commission states. The company operates the fashion label Exoticathletica, which according to its website was…

How It Will Affect Members

WeightWatchers has filed for Chapter 11 bankruptcy, and in an exclusive interview aired on TODAY May 7, WW CEO Tara Comonte is revealing how the move will affect its 3.4 million members. She stressed that the weight-loss company — which destigmatized weight loss and is lauded for pioneering one of the best weight loss programs — has…

Which type of bankruptcy clears all debt?

Filing for bankruptcy may be a good option to consider, but there are limitations to this debt relief solution. Seng Kui Lim/Getty Images The idea of wiping the financial slate clean through bankruptcy can seem like an ideal solution for those who are struggling to keep up with their debt payments in today’s high-rate inflationary…

Leeds practice goes into liquidation

The Leeds-based practice, formerly known as 2B Architecture, designed major housing schemes for developers such as Igloo Regeneration, Citylife and Citu – as well as a plan for Yorkshire’s tallest building and an 8,000 seat arena in Edinburgh.  But the company, whose accounts show it employed up to nine people in 2020, stopped trading on…