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Business by Kathy Skantzos   Luxury fashion retailer Mon Purse that got off the ground as a Sydney-based start-up in 2014 is the latest brand to fall victim to 2020's retail blows. The Australian retailer, founded by entrepreneur and former News Corp advertising sales executive Lana Hopkins, has collapsed on the back of COVID-19 supply issues which led to customers waiting weeks for their purchases. Customers took to the brand's Facebook page to complain about orders not being delivered, but the business has failed to update its social media accounts si...

Luxury leather goods retailer Mon Purse collapses into liquidation Mon Purse co-founder Lana Hopkins. Luxury leather goods retailer Mon Purse has entered liquidation and reportedly ceased trading, amid complaints from customers saying they have been waiting for weeks to receive their orders.  Liquidators from Wexted Advisors are seeking “urgent” expressions of interest for the business and its assets, according to the According to a notice on the Mon Purse website, the business’ online store is undergoing “scheduled maintenance” and its made-to-order range is “temporarily unava...

Advertisement Former high-flying fashion startup Mon Purse has collapsed after experiencing supply issues due to the COVID-19 pandemic, leaving its prominent Rich Lister investors and other financial backers in the lurch. Mon Purse, founded by entrepreneur and former News Ltd advertising sales executive Lana Hopkins in 2014, appointed liquidators from Wexted Advisors on Tuesday and immediately ceased trading. Lana Hopkins, who founded Mon Purse before leaving the business in 2018, says she is "extremely disappointed" to hear of its collapse. Mon Purse allows buyers to design and monogram thei...

Advertisement Former high-flying fashion startup Mon Purse has collapsed after experiencing supply issues due to the COVID-19 pandemic, leaving its prominent Rich Lister investors and other financial backers in the lurch. Mon Purse, founded by entrepreneur and former News Ltd advertising sales executive Lana Hopkins in 2014, appointed liquidators from Wexted Advisors on Tuesday and immediately ceased trading. Lana Hopkins, who founded Mon Purse before leaving the business in 2018, says she is "extremely disappointed" to hear of its collapse. Mon Purse allows buyers to design and monogram thei...