Ezibuy tipped into liquidation by creditors

The insolvency was due to falling sales, constricted working capital and the general economy, say the liquidators.(Image: Ezibuy)

Riley Kennedy

Fri, 21 Jul 2023

Creditors of Ezibuy, who are owed more than $100 million, have tipped the group into liquidation.It follows a recommendation by its now-former administrators, who recommended Ezibuy and its subsidiaries be wound up at a watershed meeting.Companies Office filings show those creditors voted in favour of that recommendation on Wednesday with Olvera Advisors Damien Hodgkinson and Kate Barnet, who were the administrators, appointed liquidators.The group, which Australian-listed Mosaic Brands own, was put into administration in April.'Omnichannel...

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