Amid a larger number of high-profile bankruptcies occurring within weeks of each other this fall, companies that sell holiday packages and tours also struggled at a time when many consumers are holding off on discretionary travel spending. British tour operators Great Little Escapes and Jetline both shut down operations within weeks of each other in the…
Distress in the market in 2025 – A year in review Ashurst Read the original article here
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Annastills/Getty Images With the rise of BeautyTok, the beauty industry has boomed. The late 2010s and early 2020s brought an unprecedented interest in the space, with celebrities releasing makeup lines like a rite of passage, infinite brands popping up overnight, and consumers… Read the original article here
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Key Facts: Australians risk significant post-Christmas debt with household spending up 5% year-on-year and savings ratios down to 4-5% Household costs have increased across multiple categories: travel/accommodation (1.1%), dining (3.3%), groceries (3%), and alcohol/tobacco (6%) 78% of Australians plan to adjust Christmas spending habits, with most preferring debit over credit cards and implementing stricter budgets…
Catching Up With New Bankruptcy Case Action Law360 Read the original article here
Key Facts: Australians risk significant post-Christmas debt with household spending up 5% year-on-year and savings ratios down to 4-5% Household costs have increased across multiple categories: travel/accommodation (1.1%), dining (3.3%), groceries (3%), and alcohol/tobacco (6%) 78% of Australians plan to adjust Christmas spending habits, with most preferring debit over credit cards and implementing stricter budgets…