Overview
- Jeanswest will shut all 90 of its Australian brick-and-mortar stores, resulting in more than 600 job losses.
- Administrators from Pitcher Partners have been appointed after the parent company, Harbour Guidance, entered administration.
- Stock liquidation has commenced to repay creditors, with significant discounts expected across all stores and online.
- Discussions are ongoing about whether Jeanswest's online operations can continue, which could preserve some jobs.
- The closures are part of a broader trend of retail insolvencies in Australia, following the collapse of Mosaic Brands last year.