date:Sep 29, 2012
Darrell Lea products are currently sold in 1,800 retail outlets across Australia, New Zealand and the USA. The company also has 69 franchise stores, but plans to close 27 loss-making stores.
Darrel Lea employs around 700 people across its only manufacturing plant in Sydney and its retail network.
However, 418 jobs are expected to go amid restructuring efforts, according to Darrell Leas administrators PPB Advisory.
The confectioner produces chocolate and liquorice in a total portfolio compri