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.
Wow, they were still around?
wildwhitehorses@aussie.zone 2 days ago
I know they aren’t a car manufacturer or a mine so I guess no bail out from the government.
porcelainpitcher@lemmy.today 2 days ago
Fuuuuck. It’s so true it hurts. Satire, sometimes, is only funny for a second.
dumblederp@aussie.zone 2 days ago
They’re getting a bit of a bailout.
Ilovethebomb@lemm.ee 2 days ago
They’re paying the workers directly for their missing entitlements? That’s astonishingly good of the government.