Harris Scarfe goes bust amid increasing retail casualties | Finance Report

Harris Scarfe goes bust amid increasing retail casualties | Finance Report
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Just last month Harris Scarfe was sold by its owner, Greenlit Brands, to a Sydney-based private equity firm named Allegro Funds for an undisclosed sum. But whatever the sum was, it was too much because Allegro quickly discovered it had bought a lemon.

Read more here: https://www.abc.net.au/news/2019-12-11/harris-scarfe-placed-in-administration-as-retail-caualties-mount/11789206

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