The company behind iconic fashion brand Jeanswest has called time on its bricks-and-mortar retail operations as trading conditions for Australian retailers become increasingly tough amid reduced discretionary spending and increased cost of living.
Harbour Guidance Pty Ltd, which rescued Jeanswest after it entered administration in 2020, has made the decision to put the company into voluntary administration, appointing Lindsay Bainbridge, Andrew Yeo and David Vasudevan of Pitcher Partners Melbourne.
While the bricks and mortar business operations are set to close in due course, the brand and online store may be continuing and all restructuring options remain open. Jeanswest currently operates from over 90 locations in Australia and…
