Business · Companies · 2 hrs ago
TVSN faces supplier claims as it resists calls for outside administration
Australian home shopping network TVSN is selling off about $30 million in stock in a closing-down sale.
Dozens of suppliers say the company is selling goods they have not been paid for, and some say TVSN has not responded to requests about outstanding payments.
One supplier, hair-products seller Guy Parsons, says he is owed $140,000; TVSN's lawyers accused him of intimidating staff and demanded he retract social media posts and apologise.
TVSN has also asked people not to target staff with abuse, saying employees are not responsible for decisions about the business.
The lender Challenger Investment Management holds a $68.8 million debt linked to TVSN's owner, Direct Group, and could appoint a receiver.
If that happens, the lender would be first to recover money from the sale after employee entitlements are paid, while suppliers may receive nothing unless funds remain.
TVSN director Bernie Brookes says the company will avoid administration if it can meet creditor commitments or find a buyer.
TVSN is resisting calls to appoint an external administrator while suppliers say they are owed money for stock.
The home shopping network has begun a closing-down sale, with about $30 million in stock being cleared.
TVSN director Bernie Brookes said the company would consider administration if it could not meet creditor commitments and find a buyer.
TVSN has warned against abusive messages to its staff as disputes with suppliers have played out on social media.
An insolvency expert said suppliers, as unsecured creditors, are unlikely to recover money unless sale proceeds exceed secured debts and other claims.
- Who
- TVSN and its suppliers, including London-based hair products supplier Guy Parsons.
- What
- Suppliers say they are owed money, while TVSN resists calls to appoint an external administrator and has started a closing-down sale.
- When
- The article was published on October 16, 2026. Parsons posted an Instagram video on October 10.
- Where
- TVSN is based at a headquarters whose location is Not stated. The article also refers to supplier goods in India and Singapore.
- Why
- TVSN says it does not plan to enter administration unless it cannot meet creditor commitments and cannot find a buyer. Suppliers say they are seeking payment and information.
TVSN
Suppliers
Outstanding payments
TVSN
TVSN says it is resisting administration for now and is seeking to meet creditor commitments and find a buyer.
Suppliers
Suppliers say they have not been paid for goods and have struggled to get responses from TVSN.
Company communications
TVSN
TVSN says staff should not be targeted with abuse and says its employees are not responsible for decisions about the business’s future.
Suppliers
Suppliers have criticised TVSN’s lack of communication and some have urged shoppers to buy directly from their own sites.
SMH reported that TVSN was planning a fire sale to clear about $30 million in stock.
Guy Parsons posted an Instagram video that appeared to show email addresses of TVSN executives and urged people to contact them.
Parsons was barred from TVSN’s headquarters when he went there to retrieve his belongings.
TVSN’s legal representative sent Parsons a letter accusing him of intimidating and threatening staff and demanding that he retract social media posts and publish an apology.
SMH published its report on TVSN’s dispute with suppliers and its resistance to external administration.
- Clearance stock
- About $30 million
- Direct Group debt position
- $68.8 million held by Challenger Investment Management
- Parsons’ claimed debt
- $140,000
- Parsons’ relationship with TVSN
- Four years
- Anuschka stock
- Goods collected from a workshop in India were left in Singapore
What people are saying
At this stage, we do not have plans to enter into any administration unless we cannot meet creditor commitments and cannot find a buyer
Our presenters, guests and team members continue to come to work every day to look after you. They are not responsible for decisions about the future of the business, and neither they nor their families should be the target of anyone’s frustration or abuse.
As a foreign supplier, we are struggling to get information and follow up on our claims
The receiver can work for the secured creditor to collect all the sale proceeds to reduce the secured creditor debt, leaving nothing left for the suppliers who become unsecured creditors and are unlikely to receive any money unless there’s a surplus after the