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Shoppers left without lay-by answers as Bubs Baby Shops collapses into voluntary administration – SmartCompany.com.au

Customers have taken to Facebook with questions about lay-by orders and the future of stores after baby supplies retail chain Bubs Baby Shops collapsed into voluntary administration last week, leaving 70 workers with uncertain futures.

According to ASIC notices published on Tuesday, Simon Cathro and Christopher Cook of Worrells Solvency were appointed as voluntary administrators of nine company entities that operated the Bubs Baby Shops network, which was founded 2000.

A note on the companys Facebook page last week informed shoppers that the business had shut down its website and Worrells had taken control of all affairs and product lay-bys ahead of closing down sales.

We will be having a closing down sale and …

Read the full article at: https://www.smartcompany.com.au/industries/retail/shoppers-left-without-lay-answers-bubs-baby-shops-collapses-voluntary-administration/

Category: LiquidationBy Insolvency GuardianSeptember 15, 2017

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Shoppers left without lay-by answers as Bubs Baby Shops collapses into voluntary administration – SmartCompany.com.au

Customers have taken to Facebook with questions about lay-by orders and the future of stores after baby supplies retail chain Bubs Baby Shops collapsed into voluntary administration last week, leaving 70 workers with uncertain futures.

According to ASIC notices published on Tuesday, Simon Cathro and Christopher Cook of Worrells Solvency were appointed as voluntary administrators of nine company entities that operated the Bubs Baby Shops network, which was founded 2000.

A note on the companys Facebook page last week informed shoppers that the business had shut down its website and Worrells had taken control of all affairs and product lay-bys ahead of closing down sales.

We will be having a closing down sale and …

Read the full article at: http://www.smartcompany.com.au/industries/retail/shoppers-left-without-lay-answers-bubs-baby-shops-collapses-voluntary-administration/

Category: LiquidationBy Insolvency GuardianAugust 23, 2017

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PreviousPrevious post:Alleged mastermind behind tax-evasion scheme ordered to pay $8.5m to ATO – ABC OnlineNextNext post:SurfStitch Wipeout- Voluntary Administration – Power Retail

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