kikki.K has been saved from voluntary administration after securing a partnership with US-based EC Design. The global stationery brand was placed into voluntary administration in March 2020.
The stationery brand will now expand its e-commerce offering and continue to operate its 30 stores across the world. The retailer entered Receivership in March, saying it was caught in the perfect storm due to Brexit, social unrest in Hong Kong and COVID-19.
Its been such a challenging time these last few months for so many people, and all of us at kikki.K were no exception, said Kristina Karlsson, the Co-Founder of kikki.K. We really got caught in a perfect storm leading to Voluntary Administration, but our dream to do something meaningful in th…
Read the full article at: https://powerretail.com.au/news/kikki-k-avoids-voluntary-administration/