Australian fashion label Dion Lee goes into voluntary administration

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Move comes after retail chain Cue ends investment in brand that has dressed celebrities such as Taylor Swift and Dua Lipa

Models in Dion Lee designs during Australian fashion week in Sydney this month. The label’s Australian arm has appointed voluntary administrators.Models in Dion Lee designs during Australian fashion week in Sydney this month. The label’s Australian arm has appointed voluntary administrators.

The Australian arm of Dion Lee has been placed under the administration of Antony Resnick of the insolvency firm dVT Group as it evaluates the future of the business and looks to attract new investors.Taylor Swift wears a corset by Dion Lee at the Super Bowl in Las Vegas in February.

On Thursday Cue announced it had stepped back from the label. “After a recent strategic review, a decision has been made by the Cue Group to focus on our local Cue and Veronika Maine operations,” a spokesperson said.

 

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