Brisbane-founded fashion brand Black Milk has entered voluntary administration 17 years after its launch, appointing Apex Advisory to oversee operations and explore a potential sale.
Co-founder Linda Lillis confirmed that trading remains uninterrupted and all staff stay in place while administrators review the business.
Established in 2009 by Linda Lillis and the late James Lillis, the online-first label grew around a devoted fanbase known as ‘Sharkies’ before mounting costs forced a restructuring.
“Voluntary administration gives the business an opportunity to explore what comes next,” she added. “We don’t yet know what the outcome of that process will be, and I don’t want to make promises about something that is now in…