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Australian Fashion Labels assets sold to International Fashion Group By Imogen Bailey | 3 March 2021 Ragtrader. While the assets have been purchased, what remains of the AFL companies is in liquidation, Lord said. The companies which we were administrators of, we are now the liquidators of - so that s the end of those companies. We [are now] dealing with the employees and their claims, to hopefully get them paid by the government, he said. It is unclear as yet, whether or not any of the 57 former Australian Fashion Labels employees will be retained by the new owners. However, according to a post on the BNKR website, a brand new customer care team has been assigned to the business and is working through the emails that were sent to the BNKR support email address. ....
Brand saved! Australian Fashion Labels emerges from collapse ragtrader.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ragtrader.com.au Daily Mail and Mail on Sunday newspapers.
Australian Fashion Labels has stopped taking orders By Imogen Bailey | 18 January 2021 The news comes after The news of AFL order fulfilment ceasing was announced to followers across the Cameo Collective, Finders Keepers, Keepsake The Label, The Fifth Label and Fashion Bunker Instagram accounts. In the posts, the business said that customers with pending orders wishing to return them should contact their payment provider, while customers who placed orders after January 6 will be contacted by administrators. For customers that have placed orders after our (the administrators ) appointment, we regret to advise that we are unable to make delivery as stock has been detained in a third party warehouse. ....
Australian Fashion Labels administrators urgently seeking bids for assets By Imogen Bailey | 15 January 2021 Ragtrader. Duff & Phelps administrators have set the deadline for final bids for Australian Fashion Labels IP, stock, trademarks and other assets for this evening. The business, which entered administration on Wednesday evening last week, owes approximately $11 million between three secured creditors and approximately $1 million to employees including redundancies. The news comes after the business was officially closed on Monday and all 57 employees were made redundant. When were appointed there was basically no money in the bank at all, Lord told Ragtrader. People had been paid their wages up until the end of last week but there was no money to pay wages or rent or anything else going forward. ....