Provided the Administrators of Lover Clothing with a detailed inventory valuation and analysis of realization to assist in their assessment of available options. The business was successfully sold as a going concern.
Lover Clothing
Managed the operations, marketing, and pricing strategy to successfully sell $90m of inventory for the pan-Asian department store chain, exiting 59 non-performing hypermarkets and migrating customers to go forward stores.
Dairy Farm
Sold $6m of inventory, closing 60 stores across Australia. Focus was quickly shifted to online sales and promotion due to Covid-19 restrictions mid-project. Achieved double digit sales growth and reduced project running costs. The ongoing business was successful sold.
kikki.K
After entering into voluntary Administration, we were appointed to close 37 stores disposing of A$9m of inventory and FF&E within 7-weeks. Recovery values were maximized, and the brand protected as the remaining business continued and a buyer found.
