All Seafolly articles
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News briefs
Salvaged, Seafolly has a new CEO
Seafolly, the Australian swimwear and beachwear brand, has a new chief executive, Brendan Santamaria. The company came out of four months of voluntary bankruptcy proceedings at the beginning of August. Avoiding liquidation, it was rescued by its owner, L Catterton Asia, through a settlement under which it repaid in full ...
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News briefs
Australia’s Seafolly is bankrupt
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 ...