banned celebrity fashion

  The co-founders headlines cult brand Sydney, Ksubi was banned by the management company after an investigation by ASIC.

The Australian Securities and Investment (ASIC) has signed a three-year ban on individual designers Dan, and asks if the listed company insolvent.

Ksubi, a streetwear brand in Sydney, the relation of the global glory of the past decade, following requests from companies went into voluntary administration in spring 2010 mismangement.

According to The Australian, unique and founders of Ksubi have George Gorrow co-director, now with a $ 3 million claim for trade while insolvent been made.

Simple, famous for its lifestyle and high-profile recent commitment to an Australian model has been set for directors or management companies blacklisted.

The ban was made on the basis of this single was a director of several companies that have folded up and was not able to repay the creditors.

Ksubi and its subsidiaries have collapsed in January 2010, while 9 million, after a series of extravagant parades and openings abroad.

The company was acquired by the group Bleach has and still trading under the same name, and has spent the last two years, the opening of new branches in places like Chapel Street and Paddington in Sydney.

Bleach group not to be contacted in retail a preview of the label and indigenous women, Something Else.

Ksubi has many stores throughout Australia and overseas stored in several cities such as New York, and in large chains such as General Pants Co.

Simple and her fiance model Bambi Northwood-Blyth, just out of fashion brands to small-time, together with the general pants this year.

According to The Australian, the only secured creditor Westpac has recovered some of its debt to the government $ 2,010 4,820,000th

The department store chain David Jones, has ended his relationship with Ksubi end of last year due to poor sales.

"While David Jones had chosen a great collaboration with Ksubi for many years, we, our relationship with the brand because of declining sales is the end," said Donna player David Jones Group Executive of goods at the time.

"From a business perspective, we focus on maximizing our output per square meter of sales area and sales Ksubi were unfortunately on a downward path for a number of seasons.

Ksubi cut its extreme pricetags times to about 200 $. For a pair of jeans in recent years, in line with the general trend in the denim market

Gorrow left the company in late 2012, the company announced it is working on the diffusion line for children with the chain of discount department stores, Target.