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Cohen's bad luck
Luxury womenswear label Cohen et Sabine is forced to appoint external administrator Adam Shepard after struggling to meet its financial obligations. The first creditors meeting was held March 4.
Peter A downsized
Just Group-owned brand Peter Alexander's leap into La La Land looks set to be short lived after parent company Premier Investments announces plans to downsize its US operations in the face of "unprecedented" economic conditions.
Workers get angry
The Textile Clothing and Footwear Union of Australia (TCFUA), along with Pacific Brands workers, other unions and the wider community take to the streets of Melbourne to protest against Pacific Brands' decision to move 1,850 jobs offshore. Little does Pac Brands know there is much more to come.
Smouha divests
High-profile fabric and garment importer Smouha fails in its first bid to sell its business estate in Waterloo, as speculation over its financial future continues to mount. It follows the news owner Phillip Smouha also listed his Southern Highlands horse agistment business and his private property in Bellevue Hill last October.
Off-Target
Discount department store Target attracts the ire of the Advertising Standards Bureau after airing a television commercial showing a man climbing out of a clothes drier to promote its denim offering. The ad is later pulled off air.
