Business
Austrian luxury brand Petar Petrov files for insolvency
The eponymous luxury brand of Ukrainian-born designer Petar Petrov has filed for self-administration and is set to enter a restructuring plan following mounting debt. The business filed with the Handelsgericht court in Vienna, Austria, after its liabilities amounted to approximately 3.6 million euros (2.3 million pounds) which were owed to an...
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