Tuesday, July 15, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World Australia

Debt pile revealed in new filing for collapsed Jeanswest

30 April 2025
in Australia
0 0
Debt pile revealed in new filing for collapsed Jeanswest
Share on FacebookShare on Twitter


Summary

Jeanswest collapsed for the second time last month, with just $13 million in assets against approximately $53 million in debts, including $4.1 million owed to its 600 staff and nearly $776,000 in unclaimed gift vouchers. The brand’s Hong Kong backers appointed Pitcher Partners as administrators, who are considering an online-only future for the 53-year-old retailer, which has struggled amid cost-of-living pressures and competition from online retailers. Despite previous efforts to revitalize the brand, the owners concluded it was time to shift focus away from physical stores.

Full Article

Tags: Administration and liquidationBusinesscollapsedDebtfilingJeanswestPileRetailrevealed
Previous Post

Trump’s tariffs: How much of a typical US household is made in America? | Interactive News

Next Post

Urgent smart meter warning for 300,000 homes facing loss of heating in weeks

Related Posts

Trump says he has struck a trade deal with Indonesia
Australia

Trump says he has struck a trade deal with Indonesia

by My News Wave
15 July 2025
0

US President Donald Trump announced a trade deal with Indonesia, stating it was beneficial for both parties and negotiated directly with the Indonesian President. This comes after Trump threatened a 32% tariff starting August 1 on Indonesia and other countries, aiming to encourage negotiations to avoid higher tariffs, a strategy he has used successfully with several nations. Explain It To Me Like I'm 5: Trump's Trade Deal with Indonesia President Trump says he made a...

Read more
800 more to be tested for disease
Australia

800 more to be tested for disease

by My News Wave
15 July 2025
0

Australian authorities are urging infectious disease testing for 800 children across four childcare centres linked to Joshua Dale Brown, 26, who faces 70 charges, including child rape involving eight children aged five months to two years. The case has raised concerns over childcare worker screening, as Brown maintained a valid Working with Children Check despite prior reports of concerning behavior. Explain It To Me Like I'm 5: Summary Some children who went to childcare centers...

Read more
West Coast forward Liam Ryan faces test as Eagles push for just second win of the season
Australia

West Coast forward Liam Ryan faces test as Eagles push for just second win of the season

by My News Wave
15 July 2025
0

West Coast mid-forward Liam Ryan is a test for Saturday's match against Richmond after missing a game due to soreness. Young forward Archer Reid is available following hamstring management, while Tim Kelly may return to the midfield, and the club is still assessing Elliot Yeo's ankle injury status. Explain It To Me Like I'm 5: Liam Ryan from the West Coast Eagles might play in their next game against Richmond after resting due to soreness,...

Read more
Fremantle Dockers captain Alex Pearce ruled out of clash against Collingwood Magpies amid persistent shin pain
Australia

Fremantle Dockers captain Alex Pearce ruled out of clash against Collingwood Magpies amid persistent shin pain

by My News Wave
15 July 2025
0

Fremantle captain Alex Pearce will be sidelined for up to two weeks due to a leg injury, missing key matches as the team pushes for a finals spot. In contrast, midfielder Hayden Young is close to returning, and the Dockers' injury list is improving, with several players expected back soon. Explain It To Me Like I'm 5: Fremantle's captain Alex Pearce is hurt and will miss playing for about two weeks, which makes it harder...

Read more
Musk’s xAI faces European scrutiny over Grok’s ‘horrific’ antisemitic posts
Australia

Musk’s xAI faces European scrutiny over Grok’s ‘horrific’ antisemitic posts

by My News Wave
14 July 2025
0

The European Union summoned representatives from Elon Musk's xAI after the company's platform X and its chatbot Grok disseminated anti-Semitic hate speech, including praise for Adolf Hitler. xAI apologized for the incident, attributing it to a code update, while facing scrutiny under the Digital Services Act, and despite the controversy, it secured a $200 million AI contract from the US Department of Defense. Explain It To Me Like I'm 5: The European Union is talking...

Read more
RBA’s hold keeps consumer sentiment recovery in check
Australia

RBA’s hold keeps consumer sentiment recovery in check

by My News Wave
14 July 2025
0

Last week, the Reserve Bank of Australia surprised markets by holding interest rates steady at 3.85%, which dampened consumer sentiment, causing the Westpac-Melbourne Institute index to rise only 0.6% to 93.1 in July. Despite a positive outlook for family finances and a slight increase in economic confidence, consumers remain cautious and uncertain about the future direction of the economy. Explain It To Me Like I'm 5: Australian consumers feel mixed emotions after the Reserve Bank...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • MOE not investigating SJI International for student's death during Maldives school trip
  • Trump says he has struck a trade deal with Indonesia
  • Liverpool and Newcastle target Ekitike ready for PL after firing for Frankfurt
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In