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Ally fashion liquidation According toThe Nightly, the company Feb 28, 2025 · Australian fashion retailer Ally Fashion has collapsed due to insolvency, leading to the closure of up to 185 stores and resulting in over 1,000 job losses. Mar 1, 2025 · Figure 1: Ally Fashion closed 185 stores, risking 1,000+ jobs in Australia [Facebook] Court Order Forces Ally Fashion to Shut Down. Acn: 097 575 294. Mar 6, 2025 · An Australian fashion chain has been forced to close 51 stores after it was forced into liquidation by the Federal Court. Company: ALLY FASHION PTY LTD: ACN: 097 575 294: ABN: 93 097 575 294: Trading name: Ally Fashion, You & All, Urban Gents, AM Supply Australian women’s clothing retailer Ally Fashion has collapsed, forcing the closure of up to 185 stores and affecting more than 1,000 employees nationwide. Picture: Instagram The chain has stores across New South Wales, Victoria, Queensland, South Australia and the Northern Territory. Ally Fashion was founded in 2001, and has since grown to 160 stores across Australia and an online store. Following an urgent assessment of the business by the liquidators, the company has ceased operating 51 retail stores to improve the financial viability of the company. Ally Fashion was also forced to axe 250 staff members after the company Mar 27, 2025 · Ally Fashion was ordered into court liquidation. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5. Mar 6, 2025 · A major Australian fashion chain has had 51 stores shut down immediately after it was ordered into liquidation by the Federal Court. About 250 staff employed Dec 17, 2024 · Company: Ally Fashion Pty Ltd. Mar 6, 2025 · Hundreds of jobs have been slashed and dozens of stores will close after a major fashion retailer was ordered into liquidation. The Federal Court of Australia ordered Ally Fashion to wind up due to insolvency. Ally Fashion is an Australian-owned fast fashion retailer May 16, 2025 · (See: In the matter of Ally Fashion Pty Ltd (in liquidation) [2025] NSWSC 479) Yesterday’s outcome came about after the first attempt to get a DoCA before creditors failed, largely because the proposal propounded by sole Ally shareholder and director David Dai was not something Clubb and Marsden would endorse. 6. Mar 9, 2025 · Ally Fashion was placed into liquidation on 28 February on application by landlord Ginninderra Properties over past due rent. Mar 26, 2025 · The Supreme Court of New South Wales has rejected an attempt by the sole shareholder of Ally Fashion to disrupt the company’s liquidation and instead have voluntary administrators appointed. . The Federal Court of Australia has appointed liquidators to beloved Aussie-owned fashion brand, Ally Fashion, due to an application by a landlord for rent arrears. The Australian fast fashion brand was placed into liquidation on 28 February on application by landlord Ginninderra Properties . Shrinking household budgets amid the May 22, 2025 · After further negotiations with the liquidators, Mr Dai presented a second DOCA proposal which addressed the Court’s earlier concerns, particularly by increasing the upfront contribution to $700,000, defining the security (a general security agreement over Ally Fashion), specifying a fixed dividend of 25 cents in the dollar to unsecured creditors, and including oversight mechanisms such as Feb 28, 2025 · Ally fashion, one of Australia's most popular brands, has been slapped with a wind up order from the Federal Court, creating another massive ripple in the country's retail industry. Following an “urgent assessment”, appointed liquidators BDO Feb 28, 2025 · Ally Fashion has collapsed impacting up to 185 stores across Australia and more than 1,000 staff. The Australian fast fashion brand was launched in 2001 and eventually grew to having 160 stores across Australia, as well as an online store. The decision follows legal action initiated by Ginninderra Properties, a commercial property group specializing in retail shopping Mar 6, 2025 · Ally Fashion, an Australian-owned brand launched in 2001, has more than 150 stores in New South Wales, Victoria, Queensland, South Australia and the Northern Territory. 39(2)and(3) An application for the winding up of Ally Fashion Pty Ltd was Feb 28, 2025 · Another major Australian fashion retailer has gone under. Ally Fashion was founded in 2001 and expanded its national footprint to 160 stores before its collapse. An application for the winding up of Ally Fashion Pty Ltd was commenced by the plaintiff Ginninderra Properties Pty Ltd on 07/11/2024 and will be heard as set out below. This notice was published on the 02 June 2025. The retailer was ordered to be wound up by the Federal Court of Australia on Friday due to insolvency, according to news Mar 11, 2025 · Ally Fashion has been placed into liquidation by the Federal Court, resulting in a number of store closures impacting hundreds of employees. The popular clothing retailer launched in 2001, with more than 150 stores in Jun 2, 2025 · Insolvency News can report the Company ALLY FASHION PTY LTD with ABN: 097 575 294 has received a notice of (NOTICE OF SECOND MEETING OF CREDITORS OF COMPANY UNDER ADMINISTRATION). Women’s clothing chain Ally Fashion has collapsed, with up to 185 stores nationwide and more than 1000 staff impacted. kxhk ppyqwubk kszyibd baj hpwwek lej rik mepea fvzu ytjn |
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