Sign up to receive the Vogue Business newsletter for the latest luxury news and insights, plus exclusive membership discounts.
In shock news to the industry, Australian New York-based designer Dion Lee has appointed voluntary administrators to the brand’s Australian business. The brand is the fourth independent label this week to raise alarm. Whereas the other three announced the end of operations, Dion Lee’s move to voluntary administration may well mean the brand can continue.
Dion Lee, which has become a mainstay at New York Fashion Week after crossing over in 2014, is under the control of Australian insolvency firm DVT Group administrator Antony Resnick. The move comes after Australian brand and retailer Cue, which acquired a major…
