Jeanswest, the iconic Australian fashion brand, has announced a major stock sale after entering voluntary administration. The company, once a dominant name in the Australian retail landscape, now faces a shift to an online-only model. The sale, which includes over $20 million worth of stock, will run through its physical stores and online platforms.
Company Enters Voluntary Administration
Jeanswest entered voluntary administration last Wednesday, marking its second time in administration since 2020. The brand’s parent company, Harbour Guidance Pty Ltd, appointed Pitcher Partners Melbourne to handle the process. The company is now working to wind up its remaining 90 physical stores across Australia, as it pivots to an online-only…