G-Star Australia collapses, 200 jobs lost as retailer fails to find a buyer

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 The administrators of denim retailer G-Star Australia have been unable to find a buyer for the business, effectively sacking 200 workers in the process.

G-Star Australia entered administration in May, citing tough retail conditions that were exacerbated by COVID-19 restrictions.

Administrators Justin Walsh, Stewart McCallum and Sam Freeman of Ernst & Young were appointed to investigate solutions to save the retailer.


Read more: https://www.9news.com.au/national/australia-retail-news-no-buyer-found-for-gstar-200-jobs-lost/0bccd568-556c-4693-9288-c1f5fd8af94e

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