Pinot & Picasso paint and sip studio plunge into voluntary administration

The company behind the popular Pinot & Picasso studios has been declared bankrupt.

Veuve Ventures Pty Ltd, owner of seven Pinot & Picasso studios in Australia, had a receiver appointed last Thursday.

The collapse has left seven studio employees laid off.

Other Pinot & Picasso studios in Australia are not affected by government.

In recent years, the painting and wine studios have grown enormously. Customers can take an art course here while enjoying a glass of wine.

Sule Arnautovic of Salea Advisory has been appointed as administrator and said there were 16 full-time and 41 temporary staff working in the affected studios.

There’s more to come