Australia’s Seafolly is bankrupt

2020-07-01T13:39:00

Blaming the Covid-19 pandemic, Seafolly has filed for voluntary administration. Scott Langdon and Rahul Goyal of KordaMetha Restructuring were appointed to administer the Australian swimwear brand on June 29 and will soon begin a process for the sale of the business. Seafolly has been owned by a U.S. private equity ...

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