Australian fashion label Dion Lee goes into voluntary administration
Move comes after retail chain Cue ends investment in brand that has dressed celebrities such as Taylor Swift and Dua Lipa
Source: theguardian.com
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Dion Lee collapse: Why Australian fashion businesses are struggling
CEO of The Volte Bernadette Olivier said the emergence of Chinese fast fashion powerhouses like Shein and Temu were only adding to the mounting pressure on designer labels around the world.
Source: dailymail.co.uk
Dion Lee voluntary administration: Australian fashion label collapses
Dion Lee will be run by administrators as a going concern as the hunt for a new buyer begins.
Source: smh.com.au
Dion Lee: Renowned Australian fashion brand beloved by A-list celebrities faces financial turmoil as it enters administration
The Australian franchise of clothing and apparel brand Dion Lee has become insolvent after a partnership deal collapsed.
Source: dailymail.co.uk
Cost of live Australia: Dion Lee enters voluntary administration
Fifteen-year-old fashion label Dion Lee will continue trading while the administrator assesses the business and options regarding the remaining US entity.
Source: afr.com