Kikki K Closing Down

Stationery giant kikkiK has collapsed into voluntary administration with the future of the business Australian stores in jeopardy. B6 soft touch personal planner thyme.


Kikki K Pop Up Store By Dalziel Pow London Uk Retail Design Blog Retail Design Retail Design Blog Kikki K

Last week kikkiK pivoted to an online-only platform as a result of closing its stores to the COVID-19 outbreak.

Kikki k closing down. At least six other retailers including Bardot have also gone under or been forced to close stores this year Almost 500 jobs are in limbo after Melbourne-based stationery chain kikkiK was. The stationery chain has become the latest retailer to fall victim potentially leaving 450 workers unemployed from 65 stores. While its online store is up and running its sales are not sufficient enough to sustain ongoing growth for the business.

Your Dream Life Starts Here Kristina Karlsson. KikkiK is heavily dependent on its retail locations which have been closed for an indefinite period of time as part of government-ordered lockdowns. Stationery chain KikkiK has gone into administration.

Directors of kikkiK today placed the. Co-founder Paul Lacy said. The receivers and administrators to the business kikkiK has stood down around 440 retail staff and closed 59 stores as a result of COVID-19.

Slim ballpoint pens 4pk multi. 553pm Mar 10 2020. Swedish stationery giant kikkiK has been saved from going under after a US rival emerged as the winning bidder for the retail chain overnight.

KikkiK currently has 36 stores across Australia and New Zealand of which many have closed with 300 staff stood down as a result. KikkiK was placed into administration under Cor Cordis following a perfect storm of conditions led to the shutdown. In a statement on Saturday KikkiK said its 59 stores across the country have closed and about 440 employees have been stood down.

One of our favourite stationery stores KikkiK has just announced that they have gone into voluntary administration becoming the latest victim of brutal retail market conditions. 1059am Aug 4 2020. EC Design will enter into a.

Australian stationery business KikkiK has fallen into voluntary administration after what the founders of the company described as a two-year effort to save the business. Printed paper tape 3pk multi. KikkiK has 36 stores in Australia and New Zealand about half are closed under stay-at-home orders and many of its 300 staff members have been stood down the Australian Financial Review reports.

The founders of the company have shared their profound regret and sadness following. B6 planner refill daily notes pastel green. This is over five times the volume of the same week the previous year the retailer reported.

A5 adventure journal black. Cult stationary store kikkiK has collapsed for the second time in 17 months with devastated founders blaming the cycle of strict Australian lockdowns for the significant loss of revenue. A5 adventure journal notebook holder black.

In the last few days the stationary retailer received close to 6500 online orders.


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