Original article by Eli Greenblat
The Australian – Page: 15 : 16-Jan-20
Peter Gothard and James Stewart of KPG have been appointed as voluntary administrators of the Australian division of Jeanswest Corporation. The clothing retailer boasts 988 employees and 146 stores across Australia, and is the latest casualty of the downturn in the retail sector. Gothard says the administrators will seek expressions of interest from potential buyers of the business, which was founded in 1972. The first creditors’ meeting is scheduled for 28 January. Jeanswest’s New Zealand arm is not affected by the collapse.
JEANSWEST CORPORATION PTY LTD, KPMG AUSTRALIA PTY LTD