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I m now out of time and options : Naiise founder files for bankruptcy as he winds up business

April 15, 2021 Naiise founder Dennis Tay said he had exhausted his savings and had also borrowed heavily from banks to keep the business afloat. Lianhe Zaobao and The Straits Times SINGAPORE - Multi-label retailer Naiise, once the biggest platform for local designers, is winding up. It stopped operations late Wednesday night (April 14), after years of payment delays to its vendors. In a Facebook post early Thursday morning, Naiise founder Dennis Tay announced the decision to liquidate the firm. It has been an extremely difficult two years, and the last few weeks have been the darkest of my life, he wrote. I cannot apologise enough to the brand partners whose trust I ve misplaced, and to whom monies are still due. I assure you all that the situation remains so because of an inability to pay, and not unwillingness.

S pore retailer Naiise to wind up, founder Dennis Tay filing for personal bankruptcy

The Straits Times S pore retailer Naiise to wind up, founder Dennis Tay filing for personal bankruptcy Naiise founder Dennis Tay said he had exhausted his savings and had also borrowed heavily from banks to keep the business afloat.PHOTOS: LIANHE ZAOBAO, YONG LI XUAN https://str.sg/JynU They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

The Day - Friends and Neighbors - News from southeastern Connecticut

“Paige” by Connie Pan “Mr. Cheney” by Aidan Powers Rich Willard’s 1907 Cadillac Model M, once owned by his father, Sam, was featured in the March issue of Hemmings Classic Car. (photo submitted) Catherine Johnson (photo submitted) Radio personality Teresa Berry says goodbye Longtime radio host Teresa Berry has left Full Power Radio’s morning show on Soft Rock 106.5 WBMW, based in Ledyard. In a press release, she declared herself a “free agent” after being a major voice in local radio for more than 20 years. Her last day was Jan. 15. “She continues to do voice work for stations around the country,” according to the release, which compared her change of venue with that of Tom Brady, who won a Super Bowl last month in Tampa after leaving the New England Patriots.

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