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Ksubi Enters Bankruptcy Management. U.S. Investors Are Buying.

2013/12/20 15:38:00 47

BankruptcySupply ChainFashion Brand

< p style= "text-align: center" > < img src= "/uploadimages/201312/20/20131220034002_sj.JPG" align= "center" border= "0" alt= "/" < < > >
< p > according to foreign media reports, Australia's < a href= "//www.sjfzxm.com/" > Fashion Brand < /a > Ksubi has entered the bankruptcy management stage on Tuesday and is commissioned by the consulting company JirschSutherland. < /p >
Less than 60 employees at Ksubi headquarters suddenly lost their jobs. They were also notified that they would not receive the last week's salary and pensions. The Christmas party originally scheduled for this week was also canceled. P Ksubi will continue to operate seven retail stores and online stores in Melbourne, Sydney and Brisbane. At the same time, JirschSutherland is assessing the financial situation of Ksubi. < /p >
Employees of < p > Ksubi still have confidence in Ksubi. One of the employees revealed that there are now investors and brand investors in the US negotiating the purchase. JirschSutherland also said in a statement that it is optimistic that Ksubi can find buyers. < /p >
< p > Ksubi was founded in 1999 by GeorgeGorrow and DanSingle. After entering bankruptcy management in 2010, it was acquired by Australian a href= //www.sjfzxm.com/ target= _blank company. But BleachGroup, which has three brands of Ksubi, Insight and SomethingElse, entered the bankruptcy process of resource management in August this year. Chief executive MarkByers of the group said that the main reason was the problem of "a href=" //www.sjfzxm.com/news/index_q.asp "supply chain < /a >. In addition, a private equity fund in the United States has injected funds with unknown amounts to maintain its brand operation. BleachGroup later renamed Mentmore, and entered the bankruptcy management stage officially Mentmore on Tuesday. JirschSutherland said that all three brands of Mentmore will continue to conduct wholesale business in the domestic and international markets. < /p >
< p > over the past three years, many Australian fashion brands have gone bankrupt or entered "a href=" //www.sjfzxm.com/news/index_s.asp "bankruptcy" /a "trusteeship, including LisaHo, MarnieSkillings, RuthTarvydas, BettinaLiano and KirrilyJohnston. < /p >
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