company: KPMG has been appointed to restructure the company, according to Nine News Australia. CEO Basil Artemides said it was no longer viable in its current structure amidst growing competition in a highly cluttered domestic market. To improve your experience update it womenswear label Bardot goes into voluntary administration By 9News Staff2 10pm Nov 29, Australian womenswear label Bardot has gone into voluntary administration despite significant growth overseas in recent years. Despite double-digit growth in online sales, and our highly successful expansion into the US and Europe, Bardot's retail stores in Australia are competing in a highly cluttered, and increasingly discount-driven market, he said in a statement. Bardot, which launched in 1996, has 72 stores across Australia and employs about 800 people. We acknowledge the potential impact that these changes may have on our team members and remain committed to open and timely communication with our stakeholders as KPMG undertakes its assessment.
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