What went wrong for Cue? | The Business | ABC NEWS
Community Score: 50% | 1.6K views | 1w
0 community ratings: null thumbs up, null thumbs down
Iconic women's label Cue and sister brand Veronika Maine recently collapsed into administration after almost six decades in business. Financial reports show Cue lost $5 million for the year to June 2025, following a $14 million loss the year before. It's a big fall from grace for the family business founded by Rod Levis, whose son Justin served as executive director until his departure two years ago. Last year, Cue was sold to Hilco Capital, which specialises in turning around troubled companies. But within 16 months, receivers were called in, and it is now up for sale. #ABCBusiness #Cue #Retail #VeronikaMaine #RodLevis Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, Alex Turner-Cohen
More from ABC News (Australia)
- The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
- Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
- A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
- Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
- Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
- Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%