She recently declared that her beauty salon was operating ‘business as usual’ despite owing almost $900,000 in debts to the Australian Taxation Office.
And eyebrow queen Kristin Fisher looked anything but crestfallen as she partied at the Ecoya Christmas party in Sydney on Wednesday.
Looking glamorous in a black halter-neck top and sequinned maxi skirt, Kristin was all smiles as she mingled at the ritzy Vaucluse Yacht Club with other socialites and influencers.
She took to Instagram Stories to document her lavish outing, uploading photos of herself posing in front of the venue’s opulent Christmas decorations.
She was also joined for photos by likes of celebrity hairdresser Max May, publicist Camille Thioulouse and mummy blogger Amy Gerard.
Eyebrow queen Kristin Fisher (pictured) looked anything but crestfallen as she partied at the Ecoya Christmas party in Sydney on Wednesday – weeks after her business, Kristin Fisher Eyebrows, plunged into administration
The outing comes weeks after Kristin’s business, Kristin Fisher Eyebrows, plunged into administration.
Documents filed with the corporate regulator ASIC last month said administrators were appointed Kristin Fisher Eyebrows, which owes $900,000 to creditors.
As the news spread, Kristin took to Instagram to flay the media, which she claimed treated her differently than men and male-run businesses because they prey on ‘pretty girls with big boobs’.
Looking glamorous in a black halter-neck top and sequinned maxi skirt, Kristin was all smiles as she mingled at the ritzy Vaucluse Yacht Club with other socialites and influencers
‘My business suffered immensely during and after Covid. This is not new information,’ she wrote.
‘So we’re currently restructuring the business with a wonderful team of accountants administrators and advisors.
‘And guess what – this happens every single day. EVERY DAY!
She took to Instagram Stories to document her lavish outing, uploading photos of herself posing in front of the venue’s opulent Christmas decorations
‘We aren’t closing the doors. No staff are being affected at all, nor are our clients and our suppliers. Is is BUSINESS AS USUAL.’
Kristin contrasted her coverage to ‘building companies going into liquidation every single day with 50 million plus debts, wiping their debts clean and starting a new co just weeks later’.
‘Here I am, a single mother of two, TRADING THROUGH this s**t show and being used as media fodder constantly,’ she wrote.
It comes after Kristin was forced to hire a restructuring specialist from forensic accountant firm Worrells to help resolve her business’ mounting debt
‘Is it because I have breasts?’
The collapse into administration comes months after a restructuring practitioner, Mervyn Kitay of forensic accountants Worrells, was appointed to the business, based in Sydney’s eastern suburbs, in June.
Under the restructuring plan, submitted to the Australian Securities and Investments Commission, $216,000 would have been repaid this year with outstanding debt to be paid at a later date.
The Kristin Fisher Eyebrows salon in Sydney’s Double Bay is continuing to operate despite the business going into administration
The Australian Taxation Office, which is one of the major creditors and is owed personal taxes by Kristin, voted against the plan to restructure Kristin Fisher Eyebrows.
Administrators Jeremy Nipps and Rahul Goyal of Cor Cordis had been appointed to the business.
They posted notification that a creditors’ meeting would be held on December 12.
For the meanwhile the administrators have determined the business remains viable, and it will continue to operate with all staff to stay on and booking as well as gift cards to be honoured.
Kristin was convicted of possessing cocaine in August after being arrested on July 17 after NSW Police discovered her in the passenger seat of a drug dealer’s car with two bags of cocaine at her feet.
On Instagram she referred to this as a ‘little altercation’.
‘A male judge had been caught doing exactly the same thing as me only a week earlier,’ she wrote on Instagram.
‘That story was totally buried. Never to be seen.’
‘Meanwhile I was front page everywhere … for weeks on end. It was relentless.
‘The media in Australia and in Sydney particular, are quite misogynistic.’
Kristin said she would ‘let my daughter grow up in a world where get let off for things that women pay the ultimate price for’.
‘I’m not a staunch feminist either – I’m a bloody hard-working mother of two and I just fairness for women when it comes to situations like this because I’ve have enough of the gender bias,’ she said
‘I am once again the topic of media fodder.’
‘I’m kind of used to it by now even though it’s always defamatory and a lot of the time there is misleading language in the article.’
She went on to claim the media ‘preys on pretty girls with big boobs’.
‘KFE isn’t going anywhere nor are my boobs … f**k the patriarchy,’ she wrote.
Kristin, whose services cost from $40 to $1600, has a salon in the exclusive suburb of Double Bay.
A report by Mr Kitay said Covid restrictions and the break up of Ms Fisher’s marriage had been ‘calamitous’ for the business
Her website boasts she is ‘responsible for sculpting and perfecting the brows of Sydney’s elite style and celebrity set’.
A report by Mr Kitay said Covid restrictions and the break up of Kristin’s marriage had been ‘calamitous’ for the business.
‘The combined effects of Covid (including lock downs) and the matrimonial breakdown, exacerbated by a lack of financial advice, resulted in the business becoming the primary source of funding for both its affairs and that of Ms Barnes personally,’ Mr Kitay wrote.
As the news of her business’ woes spread, Kristin took to Instagram to flay the media, which she claimed treated her differently than men and male-run businesses because they prey on ‘pretty girls with big boobs’