An Australian activewear company has collapsed and is up for sale after more than ten years in business.
Exoticathletica, a Queensland Sunshine Coast firm which sells colourful gear for women, had administrators appointed last month.
SV Partners is now looking for a buyer for the “much-loved” brand, which was launched in 2014.
“In recent years, Exotic Athletica has faced significant challenges, such as changes in senior management and increased operational expenses,” SV Partners said in a statement.
“However, these hurdles also present opportunities for growth and innovation, paving the way for a stronger and more resilient organisation.
“These factors contributed to the decision…
