Tweet Facebook Mail Celebrity favourite Australian fashion label Dion Lee has appointed voluntary administrators, according to reports. The company, which makes clothes worn by A-listers including Taylor Swift, Dua Lipa, Meghan, Duchess of Sussex and Kylie Minogue is now under the control of insolvency firm dVT Group administrator Antony Resnick. Administrators will continue running the business as a going concern as he urgently "assesses all options" relating to the US business, the Sydney Morning Herald reports.
READ MORE: Mystery surrounds $150 million Powerball jackpot winner Fashion designer Dion Lee with a model wearing his outfits in 2017. (Eddie Jim/SMH) READ MORE: Owner of Colette goes into voluntary administration The company has six shops in Australia and one in the US and also sells clothes online. "We are in the very early stages of our administration process and our focus right now is on speaking with the Australian and US-based team and getting across all the relevant operational and financial data," Resnick said in a statement, according to the SMH.
"It is regularly worn by cultural icons and influencers. It is noted in the industry for its unique designs, all of which should attract both local and international investor interest, "It is too early to comment in any detail on its current financial position other than to say our intention at this me is to operate the brand as a going concern." READ MORE: 'Even more scared now': Hurt travellers share s.
