Directors say WOW Audio Visible Superstores could be salvaged if a customer is located rapidly.
The electronic devices retailer has been placed into receivership with debts of far more than $twenty five million.
WOW launched its first store in Townsville in north Queensland nine several years ago and presently operates 15 stores across Australia.
10 are in Queensland.
The company employs wholesale NFL jerseys 500 employees across Australia.
James Stewart from administrators Ferrier Hodgson claims almost everything will be done to preserve cheap nfl jerseys the chain.
The enterprise was obviously impacted by hard investing conditions, credit card debt Arsenal jerseys from the preceding owners which was unpaid which brought on money-circulation impacts on the enterprise, and of course soccer jersey cheap a customer electronics sector which is usually below some diploma of pressure through cost soccer jersey cheap deflation and factors like that, he stated.
It is a difficult industry.
We will trade this industry for as lengthy as we can to try out and locate a buyer.
We have informed all the workers... by natural means this is a situation they would rather not be in.
We will endeavour to find a finest attainable outcome out of a hard circumstance. report=2012-03-06data
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