Business
Colette by Colette Hayman saved but 100 retail stores due to close – NEWS.com.au
Colette by Colette Hayman saved but 100 retail stores due to close
Accessories retailer Colette by Colette Hayman has been saved from collapsing however 100 of its stores are set to close.Seven months after it went into voluntary administration, a buyer has been found for the brand in former Myer CEO Bernie Brookes, who will own 90 per cent of the business. The other 10 per cent is owned by a silent buyer.
The Colette store network included 37 branches in NSW, 33 in Victoria, 30 in Queensland, 15 in Western Australia, six in South Australia, three in the ACT, …
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