Overview
- Onygo will shut all remaining locations nationwide and cease operations following an unsuccessful investor search.
- Roughly 150 employees will lose their jobs as the company carries out an orderly wind-down under insolvency proceedings.
- The retailer filed for insolvency in self-administration in April 2025, when it still operated 23 stores.
- Insolvency supervisor Michael Kuleisa said the last closures will occur in the coming weeks, preceded by short clearance sales.
- Executives blamed “massive consumer restraint” in the shoe segment despite landlord and supplier concessions and earlier plans to broaden into textiles and home goods.