In short:
Jeanswest will close more than 90 stores in Australia, putting hundreds of people out of work due to tough retail trading conditions.
The brand is the latest local retailer to collapse, after the parent company behind Rivers, Katies and Rockmans entered administration last year.
What’s next?
Stock at Jeanswest stores will go on sale immediately as administrators look at ways to restructure the business to focus on online retail.
claimed hundreds of thousands of dollars worth of stock, but actual value would be about 10 bucks total. Seriously cant believe they hung in as long as they did when it was 4x the price of bigw jeans at 1/8th the quality.