Jeanswest Enters Administration - Physical Stores to Close

HamBoi69 on 26/03/2025 - 13:38

ADABEA, this time it’s JeansWest.

Fashion retailer Jeanswest will close all brick-and-mortar stores and cut hundreds of jobs as its parent company enters administration.

The brand's parent company Harbour Guidance have appointed administrators at Pitcher Partners Melbourne to restructure the business.

While the company's 90 physical stores will close, it is not yet known if the brand and its online store will remain open.

Jeans West currently employs more than 600 staff.

The company had previously been placed in administration in 2020, with the administrators now saying that trading conditions had become increasingly tough.

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Fashion & Apparel

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Comments

  • Jimothy Wongingtons on 26/03/2025 - 13:44

    Dang didnt see that coming at all , thought they mighta been doin alright?

  • MS Paint on 26/03/2025 - 13:51
    +5

    tl;dr - Jeans West is heading South.

    • alvian on 26/03/2025 - 13:59
      +2

      Rebranding to Jeans Southwest?

      • Russell Dupsumtucka on 26/03/2025 - 14:07
        +1

        Selling airline seats covered in denim?

        Probably better than "vegan leather" of some airlines.

    • McMaferMur on 26/03/2025 - 15:19

      If the name is jeanseast probably still in business

  • wetsandwich on 26/03/2025 - 14:01
    +4

    I'm sure Kogan will buy the brand name like every other failed business from the 1990's and reintroduce it with horrible service and sneaky/illegal monthly subscription payments. So it's not all bad news.

  • Benoffie on 26/03/2025 - 14:16
    +1

    I reckon the next will be Retail Apparel/Foschini Group. Wont go bust but will sell off for a restructure resulting in massive store closures.

  • 87percent on 26/03/2025 - 14:33

    their clothes were in that grey area of a bit better than kmart/target, but their pricing was a bit much

  • Gdsamp on 26/03/2025 - 14:41
    -1

    Godspeed

  • neoleo on 26/03/2025 - 15:12

    Last time I bought jeans from Temu with cashback …

    • McMaferMur on 26/03/2025 - 15:21

      Me:
      Tshirt from ali
      Underwear from temu

      • neoleo on 26/03/2025 - 15:22

        T-shirts and underwears from Temu with cashback too …

        2 backpacks from Temu with cashback.
        3 slingbags from AliExpress with much smaller cashback (small purchase price that was under Temu's minimum purchase).

        Cashback for Temu purchases is usually around 40% by Topcashback. Not even Amazon or any other retailers can compete with this kind of cashback if you know what you need/want to buy that is available in Temu. For certain goods, certain brands that are not available in Temu but available in AliExpress, buy from AliExpress …

  • Drakesy on 26/03/2025 - 15:53
    +5

    BuT We'Re NoT IN A RecESSiOn

    • netjock on 26/03/2025 - 15:56
      +3

      Top line.

      Per capita we're good as in one.

      I suspect with the influx of food delivery skilled migrants all the money is heading into the food delivery business. I am beginning to see e-bike deliveries for likes of hungry Panda 20km+ from Melbourne CBD. Soon they'll be doing rural deliveries.

      • Drakesy on 26/03/2025 - 16:00
        +1

        Haha,

        Love it.
        And the fact that unemployment is creeping up means they can't just dilute it out with more immigration this time as there's literally not more jobs to be made.

        • netjock on 26/03/2025 - 19:08
          +1

          It has also come to attention that high house prices are strangling people's ability to start businesses (because people are either paying mortgages or sky high rents).

          APRA regulatory regime says home loans are safer for bank capital requirements so basically banks are conducting unproductive lending.

      • brendanm on 26/03/2025 - 16:26
        +1

        Politicians are always very quick to forget about the "per capita" bit.

  • ramb9 on 26/03/2025 - 19:00

    Domino effect of New Jeans

  • Trying2SaveABuck on 26/03/2025 - 21:47

    feel for the workers, sad to see businesses go under esp such an established brand.

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