The Dutch denim brand has permanently closed all 57 of its physical locations in Australia after failing to find a buyer.
Following the brands collapse in May, potential buyers have looked into acquiring the brand but none have decided to proceed which is thought to be due to the high levels of uncertainty surrounding the end of JobKeeper, Justin Walsh, voluntary administrator from EY commented.
Approximately 200 employees have lost their job due to the store closures however they are expected to be paid 100% of what they are owed due to strong-in-store trading during the administration period.
