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Lisa Ho to close its doors forever

 

Embattled fashion label Lisa Ho is closing down just weeks after the company went into voluntary administration.

Administrators Barry Taylor and Todd Gammel of HLB Mann Judd announced the closure of Lisa Ho Group on Tuesday.

In a statement, administrators said they would focus on closing all Lisa Ho stores across Sydney, Melbourne, and Brisbane.

It comes just months after the high-end fashion retailer announced plans to list on the Australian Securities Exchange.

The label is reportedly riddled with $11 million in debt and failed to attract buyers after going into administration on May 8.