Australian fashion brand Metalicus has entered voluntary administration and will today begin a major sale across all of its outlets.
In an email to customers on Wednesday evening, the company acknowledged the “difficult period for our staff and customers”, as it explained plans to launch a sale event at all of its flagship stores, Myer concession outlets and online, starting Friday.
“Metalicus has long been recognised as an iconic Australian fashion brand and we would like to take this opportunity to thank our customers for their ongoing loyalty and support over the years,” the company said.
Metalicus said the sale event will involve “significant savings on all pieces”. “We hope that you will take advantage of the opportunity to enjoy some great savings across our entire range,” it told customers.
According to a notice published with the Australian Securities and Investments Commission, administrators Petr Vrsecky, Stirling Home and Jason Stone from PKF Melbourne were appointed to Fashioniod Pty Ltd, trading as Metalicus, on May 2. The first meeting of creditors is scheduled to be held in Melbourne on May 14.
Metalicus was founded in 1992 and previously formed part of PAS Group, which is home to a range of…