Even denim’s got the blues as Jeanswest collapses

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.

CORPORATES
JEANSWEST CORPORATION PTY LTD, KPMG AUSTRALIA PTY LTD

Jean genies: shopping for denim jeans in Australia

Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Mar-16

A Roy Morgan Single Source survey has found that more than 1.7 million Australians aged 14+ buy at least one pair of denim jeans in any given four-week period. The survey, which was carried out in the year to December 2015, also shows that 11.4 per cent of Australians buy women’s jeans at Kmart in an average four weeks, while 12.5 per cent buy men’s jeans at the discount department store. Target is the second most popular store for buying women’s jeans (11.1 per cent), while Just Jeans (8.5 per cent) is the second most popular store for men’s jeans.

CORPORATES
ROY MORGAN RESEARCH LIMITED, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, JUST JEANS PTY LTD, JEANS WEST, BIG W DISCOUNT STORES, MYER HOLDINGS LIMITED – ASX MYR