Business
200 jobs lost as G-Star Raw becomes a coronavirus fashion victim – ABC News
After collapsing in May, denim chain G-Star Raw fails to attract a buyer and will close, which administrators say “reflects the high level of uncertainty” about the prospects for Australian retail.
Around 200 jobs are being lost as denim chain G-Star Raw fails to attract a buyer after falling into administration.
- G-Star Australia entered voluntary administration in May, citing the hit from coronavirus
- Administrators from EY say the failure to find a buyer “reflects the high level of uncertainty regarding the future prospects for the retail sector”
- Some retailers, including JB Hi-Fi and Kogan, have seen increased sales as more people work from, and stay at, homeClick here to view the original article.
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