Overview
- SurfStitch fell into administration on June 6 with Mackay Goodwin’s Edwin Narayan and Domenic Calabretta appointed as voluntary administrators.
- Nike Australia lodged a winding-up order on May 20 seeking $237,760.38 for unpaid shoe and apparel invoices.
- The retailer’s website has been offline for maintenance for the past five weeks, halting online sales.
- SurfStitch was sold in May by Alquemie Group to an undisclosed buyer after earlier financial struggles, including a 2017 administration.
- Victoria’s Supreme Court will hear the winding-up application on June 30, where administrators must respond to Nike’s claim.