Ksubi on the verge of Bankruptcy
Australian designer streetwear label Ksubi (formally Tsubi) is in trouble after founders Dan Single and George Gorrow placed the iconic fashion brand into voluntary administration on 11th January 2010.
Ksubi exploded onto the fashion scene during the turn of the century with its distressed denim jeans collection. A fully fledged mens and womens clothing collection soon followed, as well as Ksubi Eyewear.
During the tale end of 2009, Ksubi joined forces with David Jones for an exclusive discounted range witha shop-in-shop concept.
It was anticipated that 2010 would see the launch of Ksubi footwear as well.
Read more about the breaking news on Ksubi fashion label here.