Ally Vogue: Main Australian clothes retailer | Australian Markets
One other main Australian fashion retailer has gone underneath.
Ladies’s clothes chain Ally Vogue has collapsed, with up to 185 shops nationwide and more than 1000 workers impacted.
The retailer was ordered to be wound up by the Federal Court docket of Australia on Friday as a result of insolvency, based on news.com.au.
Ally Vogue has shops throughout Western Australia, New South Wales, Queensland, Victoria, South Australia and the Northern Territory.
The Australian-owned retailer launched in 2001 with the purpose of “creating contemporary ready-to-wear pieces for every woman” offering a vary of vibrant clothes gadgets.
“With over 50 new styles arriving per week, Ally Fashion is well in demand and the destination for women who can transcend the fashion’s boundaries — defying the trends and creating her own,” its LinkedIn promoted.
Now, BDO Sydney has been appointed as liquidators of Ally Vogue, Information Corp reported, including the Federal Court docket orders show a business property group specialising in retail procuring centres had launched the proceedings, together with different collectors assist.
Ally Vogue joins a listing of manufacturers disappearing amid an ongoing value of residing disaster.
Embattled fashion retailer Mosaic Manufacturers collapsed into voluntary administration in late September final 12 months, because it struggled to keep afloat during financial difficulties.
The company has wound down its iconic manufacturers one after the other, together with Rockmans, Autograph, Crossroads, W. Lane, BeMe, and Katies.
KPMG discovered that Mosaic Manufacturers owed more than $250 million to collectors. All Mosaic Manufacturers shops, together with Millers and Noni B, are anticipated to close by mid-April 2025.
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