Say it isnt so.
In news that is saddening for the local Australian fashion brand, Lover has gone into voluntary administration, according to a media release from Ferrier Hodgson a financial advisory firm.
Ferrier Hodgson were appointed as administrators on 23 November, with the firm stating it would be business as usual whilst the administrators assess the business and immediately call for expressions of interest for a sale as a going concern.
The media released by Ferrier Hodgson further stated, Lover is an iconic and well-established fashion brand that represents a unique opportunity for interested parties.
Continuing with, we plan to work closely with Lovers …
Read the full article at: http://www.vogue.com.au/fashion/news/lover voluntary administration,45073