Dion Lee: Renowned Australian fashion brand beloved by A-list celebrities faces financial turmoil as it enters administration The Australian franchise of Dion Lee collapses Major partnership deal was cancelled Do you know more? Email tips@dailymail.com By Pranav Harish For Daily Mail Australia Published: 08:08, 23 May 2024 | Updated: 09:00, 23 May 2024 e-mail 2 View comments A major Aussie fashion brand that made dresses worn by superstars such as Taylor Swift and Dua Lipa has entered administration. The Australian franchise of clothing and apparel brand Dion Lee has become insolvent after a partnership deal collapsed.
Antony Resnick, a liquidator from insolvency firm dVT Group was appointed as the administrator for all Australian Dion Lee stores on Thursday. The Australian franchise of fashion label Dion Lee has entered administration after a major partnership deal collapsed (pictured pop star Taylor Swift wore Dion Lee Crochet Corset Top at the SuperBowl in February) Administrators have been appointed to oversee the operations financial operations of the company (pictured Aussie superstars Kylie and Dannii Minogue wearing Dion Lee as the perform at the Sydney World Pride Opening Concert in 2024) dVT Group is also in the process of considering investors who may be interested in providing financial capital for the venture. The business is understood to continue to trade until Mr Resnick can restructure the business by ensuring their debt obligations are met.
The fashion label.