Australian sports lifestyle retailer Stateside Sports has entered voluntary administration, with DVT Mcleods appointed to oversee the process as the business continues to trade.
DVT Mcleods partners Antony Resnick and Henry Kwok were appointed on May 22 and are assessing the business with a view to selling it as a going concern. The review covers the company’s 31 stores nationally as well as its e-commerce platform.
Founded in 2017, Stateside Sports sells US-focused licensed merchandise across the NBA, NFL and Major League Baseball, as well as Australian sporting products including NRL retro jerseys. The retailer carries brands including New Era, Nike, Jordan and Mitchell & Ness, and has built its model around culturally relevant…