Today has been the last day of Doughnut Time, Victoria state manager Vanessa Gaddi-Chmielewski wrote in an email supplied to the ABC. I just received news from Dan [Strachotta] that the deal with the new company has been blocked by Damian.
He will not sign the Doughnut Time trademark to Dan.
As a result, the entire company will go into liquidation including the stores that Dan was supposed to take over.
Under the terms of the deal supposedly agreed to last week, the Brisbane-based doughnut brand would have been saved from extinction but would have closed almost half its remaining stores. In Brisbane, just South Bank and Clayfield were to remain open. Further afield, the Gold Coast would retain just one store at Mermaid Beac…
Read the full article at: https://www.broadsheet.com.au/brisbane/food-and-drink/article/doughnut-time-sale-falls-over-remaining-stores-close
