Another highly-rated indie brewery has fallen foul of the ongoing economic headwinds facing the drinks and hospitality sector today, with Molly Rose Brewing appointing liquidators.
The Collingwood-based brewing company cited delays in their most recent expansion, increases in construction costs and rising interest rates, and the ongoing cost-of-living crisis as contributing factors that have led to today’s filing with ASIC. They have appointed DBA Reconstruction & Advisory to manage the liquidation process, having previously explored a number of other avenues and introduced cost-cutting measures across the business.
Molly Rose’s decision to bring in liquidators makes today’s appointment distinct from the voluntary…
