Liquidators of Perth Fashion Festival have failed in their bid to bolster a probe into collapsed industry body Fashion Council WA in the hope of clawing back half a million dollars.
Industry peak body Fashion Council WA entered administration on Friday, four months after private business Perth Fashion Festival suffered the same fate.
Creditors have opted to liquidate Perth Fashion Festival today, just days after festival director Tony Sage failed to sell down his Perth Glory soccer club stake; while the administrators had been unable to recover a debt owed to the company by industry body the Fashion Council WA.
The entity which ran the Perth Fashion Festival for 20 years, before operations were passed to the Fashion Council WA, has entered administration owing $819,000, with owners Mariella Harvey-Hanrahan and Tony Sage planning a deed of company arrangement.
The market for modest fashion in South-East Asia is attracting attention as a potential export destination for a range of local designers, with dramatic growth expected in the next decade.
North Fremantle-based fashion label Empire Rose is one of three local brands to have secured deals in China in recent weeks, following the Fashion Council WA's partnership with its Chinese counterpart.
Local fashion designers will have an easier route into the growing Chinese luxury market after the Fashion Council of Western Australia today signed off a five-year deal with the China Fashion Association.
The Art Gallery of Western Australia plans to broaden its audience reach in 2017 with the renewal of galleries, development of new initiatives and partnerships, as well as the introduction of a contemporary series called Culture Juice.
Educated in Rockingham, Vancouver and at UWA, and with a corporate career stretching between San Francisco and WA, Tracey Horton has some interesting perspectives on business and academia, as Business News discovered over lunch at Julio's in West Perth.
SPECIAL REPORT: Slower growth in discretionary spending is a challenge for some local fashion hopefuls, but export markets and tech-style accelerator programs are presenting opportunities.