As nicely as shoppers, gown designers, a seamstress and a marketing firm are amid creditors of Romeo Investments, investing as Bridal on Pulteney, according to paperwork lodged with the Australian Securities and Investments Commission.
The report said a decline in revenue, higher than expected capital requirements and funds tied up in a massive range of sample dresses were being amid good reasons for the store’s demise in February.
Perth-based mostly wedding day gown designer Zavana was amid the worst hit, owed $17,378, when Hong Kong-based mostly label San Patrick Intercontinental Limited is owed $4850.
Director Antonio Romeo shown himself as remaining owed $266,five hundred when a Commonwealth Lender debt was secured for $399,977.
The report said some lenders were being unlikely to acquire dollars back. Mr Romeo was contacted for remark.
The report said there was about $eighty one,000 really worth of stock at the store, such as … Read More