A popular women’s activewear business that is headquartered in Noosa has entered voluntary administration, with creditors claiming they are owed more than $640,000.
Exotic Athletica Pty Ltd appointed administrators on April 9, a notice with the Australian Securities and Investments Commission states.
The company operates the fashion label Exoticathletica, which according to its website was founded in 2014 by Leilani Chandler. It briefly had an outlet at Sunshine Plaza that opened in 2019.
The administrators are Terry van der Velde and Matthew Hudson from SV Partners.
A first meeting of creditors was held on April 23, with the minutes from the meeting stating four creditors had claims totalling $647,454.
“The appointment was due to…
