Little Joe Woman–Voluntary administraion

Sydney will be full with catwalk shows and parties as Mercedes-Benz Fashion Week Australia ( 30 april – 4th may 2012 ) kicks off on Monday.

Mercedes-Benz Fashion Week Australia

Sydney will be heaving with catwalk shows and parties as Mercedes-Benz Fashion Week Australia kicks off on Monday. But unlike the increasing number of fashion festivals across the country where people can buy tickets to events, MBFWA is invitation only.

Circular Quay Shows- 41 (44 in 2011)

First timers

Dylan Cooper; Flowers for a Vagabond; Toi et Moi Sydney; By Johnny; Oroton; Watson x Watson; An Ode to No One; Jenny Kee; Aje; Roppa Pemmaraju; Bless’d Are The Meek and Nana Judy

Whos back for More

Romance Was Born; Camilla; Aurelio Costarella; Ksubi; Jayson Brunsdon; Akira

Little Joe Woman empire in crisis

After tearing up the runways of Paris and Milan and gracing the covers of australias fashion magazines. London-born supermodel turned fashion designer Gail Elliott and her dashing Australian husband Joe Coffey made an impact on Sydney's social circle, when they relocated here from New York six years ago.

Llast December,the cracks began to appear in their fashion empire having spent a lot of time building Little Joe and pouring millions of dollars into it, the couple were forced to sell their luxury Bondi Beach apartment two days before Christmas for $7.25 million, $775,000 less than they wanted.

News filtered out that elliott had shut down her Little Joe clothing store in Bondi Beach just six months after opening it.Coffey reportedly told reporters the business was in ''a recapitalisation mode''. another 3 stores closed subsequently, two in Melbourne and the other on the Gold Coast

Link:

http://www.dailytelegraph.com.au/news/industry-supports-little-joe/story-e6freuy9-1226274667570

Comments

Fashion chain Lisa Ho in Australia in administration

Who is Lisa ho ? Lisa Ho is an Australian fashion designer born in Albury, on the New South Wales and Victorian border. She is married to Philip Smouha. Wikipedia Lisa Ho Designs is the latest Australian retailer to fall in financial trouble , with the high end fashion chain placed into administration last week. Dressed in a black outfit, a stony-faced Ms Ho faced creditors yesterday for the first time since the business that she founded 30 years ago was placed into administration earlier this month. It is understood she did not address the creditors. Administrators appointed for fashion house Financial firm HLB Mann Judd has confirmed it was appointed as administrator of the high-end fashion chain last Wednesday. The administrator will sift through the company’s assets and liabilities and look for a suitable buyer. A creditors’ meeting is scheduled for May 20, and in the meantime all 10 stores will reportedly continue to trade. The

Boat and House repossessed by Recievers Kordamentha for saville group MD Sam Cheir

KordaMentha as the receiver of the failed Saville Property Group is divesting both the company's assets and those owned personally by principal and MD Sam Cheir. Property developer Saville Australia has become the latest casualty of the global credit squeeze, with managing director and owner Sam Cheir losing the company’s final asset, its CBD headquarters, and his own home and luxury boat to the banks. A luxury yacht of his has been repossessed Repossessed Luxury Boats The luxury 25-metre cruiser, a Sunseeker Predator 82 for which he is believed to have paid about $7 million several years ago, has been repossessed by a finance company and is also up for sale The various projects of the Saville Australia property development arm are being sold off, along with its headquarters Repossessed Home A debt to Bank of Queensland will be paid after the record-breaking sale for the residential property market in Perth of Cheir's home for $A8.5m Mr Cheir’s repossessed Georgian-styl

How to get a cheap Bank repossession properties ?

It would appear that repossesions are a good way to get a property under current market value, however how would you find out about them ? Is this information available to all of us ? Is the purchase any different because it's a repo ie are lenders a bit more wary ? Solutions : If it property is being reposessed the seller (mortgage company) also considers the speed of sale - if they "could" get a higher price with another buyer they will also consider how quickly the sale could go through. Therefore some latitude is given to agents in what offer is accepted (eg an agent can say that buyer "x" is well known to them and can proceed quickly. Buyer "b" offered 10k more but is an unknown quantity. Bank Repossesion Houses List Database These days repo's don't really go much cheaper we had one only 3 months ago and it went well over asking price. If you were to ask an agent to give you a call when one is available its very r

Bank Repossession

Search This Blog