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1.Market Observations, 5.Troubled companies, 8.Was Sticky

5 Sept 2019 (AFR) – Retail, Fashion: Karen Millen winds down in Australia

(5 September 2019, AFR, p19, Sue Mitchell, Senior Reporter)

‘British-based fashion retailer Karen Millen is withdrawing from Australia, joining a growing list of retailers that have collapsed or shut up shop in the last 12 months. Karen Millen, which went into administration in the UK last month, has appointed Richard Hughes, Tim Norman and Michael Billingsley from Deloitte as administrators of its Australian arm and will close all seven stand-alone retail stores and eight concessions in Myer and David Jones over the next few weeks.’

Read more at AFR.com (might need AFR login, or try: AFR.com/trial)

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