After 39 years in business, high-end fashion retailer Harrolds was placed into liquidation earlier this month with debts of $http://www.businessnewsaustralia.com/12.5 million, but a message on the company’s website has alluded to a possible resurrection of the business.
Andrew MacNeill, of SMB Advisory, was appointed liquidator to four subsidiaries of the Melbourne-based Harrolds Group on 3 October 2024 with little fanfare. The liquidator says the companies had ceased trading prior to his appointment.
While MacNeill has yet to indicate whether a sale of the business is being sought, the Harrolds website has been reduced to a single teaser page that boldly describes “a new chapter ahead” and that “something new is coming…
