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Retail downturn: Luxury brand Mon Purse collapses after coronavirus recession


Australian luxury fashion retailer Mon Purse has entered liquidation, after it struggled throughout the COVID-19 economic recession.
The high-end handbag company, founded in 2014 by former advertising sales executive Lana Hopkins, appointed liquidators Wexted Advisors earlier this week and immediately stopped trading.
Mon Purse customers had complained on social media about orders not being delivered due to supply chain problems that stemmed from the pandemic.
READ MORE: 
Mon Purse founder Lana Hopkins.(Pat Scala)
According to the Mon Purse website, its online store is undergoing scheduled maintenance while its made-to-order range is temporarily unavailable due to the current effects of COVID-19 . ....

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Mon Purse collapses, appoints liquidators from Wexted Advisors


Mon Purse collapses, appoints liquidators from Wexted Advisors
By Imogen Bailey | 17 December 2020
Accessories label Mon Purse has collapsed, appointing liquidators from Wexted Advisors and ceasing trade. 
The business, which focused on personalised, monogrammed leather goods, was founded by Lana Hopkins in 2014, who later stepped away from the business.  
The business is now run by its sole director, former chief operating officer Andrew Shub.
The brand operated four concessions in Myer stores across the country and also had its own boutiques in Paddington and Doncaster and Warringah Westfields. 
In 2017, Hopkins told 
Funding its growth was a series of three capital rounds, one of which was partly backed by Australian Catch of The Day (now Catch) founders Gabby and Hezi Leibovich.  ....

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