Australia’s retail industry has been hit by another blow with major chain Ally Fashion collapsing and up to 185 stores across Australia impacted.
It is understood the fashion chain has more than 1000 staff.
News.com.au can reveal that the retailer was ordered to be wound up by the Federal Court of Australia on Friday due to insolvency.
Ally Fashion is an Australian-owned retailer that was launched in 2001, which is “dedicated to creating contemporary ready-to-wear pieces for every woman”.
“With over 50 new styles arriving per week, Ally Fashion is well in demand and the destination for women who can transcend the fashion’s boundaries – defying the trends and creating her own,” it said on LinkedIn.
It had launched a curvy…
