Some fans blamed stubborn inflation and soaring energy prices for the collapse, others said the firm was in financial trouble from bad management.
First published in 1903, South China Morning Post is Hong Kong’s premier English language newspaper and has the city’s most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication and its Sunday edition, Sunday Morning Post.
Fans of beloved Australian company
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trending: Well-known for its pound cakes, dessert brand Sara Lee's possible demise leaves netizens shocked, nostalgic - TODAY
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Popular dessert brand Sara Lee goes into administration
Queensland Theatre
Iconic confectionery brand Sara Lee collapses in Australia after 52 years leaving dessert lovers devastated
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