Celebrity-favourite Australian fashion label Suboo has entered liquidation after 14 years.
ASIC records show Suboo Pty Ltd was wound up following a members’ meeting on October 1, with Christopher Damien Darin appointed liquidator.
Suboo runway show at Sydney Fashion Festival in 2013. Dallas Kilponen
The Bondi-founded womenswear brand told nine.com.au it had considered continuing trading before deciding the business was no longer viable.
In making the decision, it cited “rising operating costs, broader global economic pressures and significant changes across the international fashion and retail landscape.”
“Many of these factors have been outside our control and are being felt across the industry more broadly,” a company statement…