Monday, 24 September 2012

Silverwater. Payless into administration

Silverwater. Payless into administration

Payless Shoes, at Silverwater, Australia’s largest independent shoe retailer, has been placed in voluntary administration. Deloitte Reconstruction Services said the 227 Payless stores would continue to trade while an urgent assessment of the company’s financial position was undertaken, and a sale of the business was expedited soon.


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