Who owns clive peeters

It would "investigate the circumstances leading to their appointment" and "determine whether the underlying business can be preserved". On August 11, , Clive Peeters announced that it had identified discrepancies in its payroll accounts. A meeting of creditors will be convened on May Got a news tip for our journalists?

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Expand this box to read and print. Phil Carter and Daniel Bryant from PPB as receivers and managers are continuing to trade the business "while assessing its viabilit". Colin McIntosh Nicol, Keith Alexander Crawford and Matthew Wayne Caddy of McGrathNicol are appointed administrators - this never augurs well for shareholders - it will take a month or so before the picture is clear but almost invariably shareholders suffer a total loss of value.

Yesterday, after giving the stores a year to perform, he finally lost patience with the acquisition. So we've got to now say 'what the hell do we do? By changing the name we're hopeful that we can keep all the staff employed and make the stores profitable.

The decision came as Mr Harvey warned that many retailers may close their doors as the toughest conditions in half a century worsen.