Aussie designer Arthur Galan has put his eponymous family-owned label, Arthur Galan AG, into administration, citing a “challenging” retail landscape for the “tough decision” to sell the label to new owners.
Ragtrader reports that the label received a wind-up order from the Australian Taxation Office on October 19, and the label released a statement via its Facebook page on Friday. “I feel very sad today, as I have had to put my family owned business into administration. Everyone is aware that the retail industry is challenging and I have tried very hard to make it work, throwing everything I have into it. Unfortunately I have had to make this tough decision,” it read.
Arthur began his namesake label back in 1998 with just menswear, before branching out to womenswear in 2005. Both women’s and men’s collections will continue to be sold through the label’s South Yarra and Doncaster stores which are remaining open, before the label relaunches with its new sole focus on menswear in March 2016. (more…)