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D’ough! Krispy Kreme doughnuts going bust

By Red Wolf

1 November 2010

32 second read

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In Business

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Krispy Kreme doughnuts’ Australian division is going into voluntary administration because of poor sales.

The Australian arm of the US company was placed in the hands of accountancy firm Smith Hancock on Friday, it has been reported.

Krispy Kreme has 50 stores across Australia, employing 660 staff — via redwolf.newsvine.com

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