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Craig Shepard and Leanne Chesser of KordaMentha Restructuring have been appointed Voluntary Administrators of the fashion and home furnishing group Laura Ashley.
After 76 years, the Roger David menswear fashion stores around Australia will close their doors for the last time.
Roger David’s 57 fashion and accessories stores will close within weeks after no buyers emerged in a four-week process to sell them as a going concern.
Discounts at the Roger David chain of stores have increased to 60% as D-Day looms for the future of the 76-year-old retail chain.