Aussie fashion label Suboo enters liquidation amid economic pressures
1 report, 1 independent
Updated Oct 1
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What happened
Aussie fashion label Suboo entered liquidation on October 1 after almost 15 years in business. The company reported debts of at least $655,000 to creditors, including Shopify, DHL, and FedEx. Suboo cited rising operating costs, global economic pressures, and changes in the international fashion and retail landscape as reasons for the decision to wind up the business.
From dailymail.com
Why it matters
The collapse of Suboo highlights the financial pressures facing the international fashion and retail industry. The label, which was worn by Gigi Hadid and Kendall Jenner, had been a fixture in high-profile fashion circles.
From dailymail.com
Who's involved
- Kendall JennerWore clothing from the label Suboo before its liquidation
- Gigi HadidWore clothing from the label Suboo before its liquidation
- AnthropologieFeatured models wearing Suboo at a retail location
Keep exploring
The entities involved
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Kendall Jenner
American media personality and model (born 1995)
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Gigi Hadid
American fashion model and television personality (born 1995)