AUSTRALIA: Coogi Workers Face Agonising Jobs Wait
Administrators called into run Australian fashion brand Coogi Australia Pty Ltd, as well as five other firms in the group, said on Friday they would not know until next week whether the company's 340 workers would lose their jobs. The Melbourne-based label, best known for its colourful woollen sweaters and knitted items, went into voluntary administration this week after a slump in US orders left it facing bankruptcy with debts of around A$25 million.
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