{"id":3474,"date":"2018-05-10T00:00:00","date_gmt":"2018-05-10T00:00:00","guid":{"rendered":"https:\/\/cms.smooth.com.au\/uncategorised\/major-australian-brand-enters-voluntary-administration\/"},"modified":"2018-05-10T00:00:00","modified_gmt":"2018-05-10T00:00:00","slug":"major-australian-brand-enters-voluntary-administration","status":"publish","type":"post","link":"https:\/\/cms.smooth.com.au\/news\/major-australian-brand-enters-voluntary-administration\/","title":{"rendered":"Major Australian brand enters voluntary administration"},"content":{"rendered":"<p>First it was <a href=\"https:\/\/www.nova100.com.au\/news\/breaking-major-australian-retail-group-oroton-has-gone-voluntary-administration-after-shocking\">Oroton<\/a><a href=\"https:\/\/cms.smooth.com.au\/news\/major-australian-retail-group-oroton-has-gone-voluntary-administration-after\" target=\"_blank\" rel=\"noopener noreferrer\">,<\/a>&nbsp;now it\u2019s Metalicus.<\/p>\n\n<p>It&#8217;s the next Australian label that has entered voluntary administration.&nbsp;<\/p>\n\n<p>Online shopping is just taking over our wallets and customers tend to want the international brands over our homegrown goods.<\/p>\n<p>Metalicus is owned by General Pants Group and has confirmed the sad news to its customers in an email. &nbsp;<\/p>\n<p>Ragtrader reports:<\/p>\n<blockquote><p><em>\u201cMetalicus 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.<\/em><\/p>\n<p><em>&#8220;Whilst this is a difficult period for our staff and customers, tomorrow we will be launching a sale event at all of our flagship stores, Myer concessions and online with significant savings on all pieces.&#8221;<\/em><\/p>\n<\/blockquote>\n\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/Bik5vyhA0Di\/\" data-instgrm-version=\"8\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\">   <p style=\" margin:8px 0 0 0; padding:0 4px;\"> <a href=\"https:\/\/www.instagram.com\/p\/Bik5vyhA0Di\/\" style=\" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;\" target=\"_blank\" rel=\"noopener noreferrer\">Closing Down Sale! All stock in stores and on-line must go! Save now whilst selections are best. PLUS, at DFO stores only take an extra 20% off already reduced prices. Don\u2019t miss the savings! Some restrictions may apply, see store for details. https:\/\/www.metalicus.com\/store-finder<\/a><\/p> <p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\">A post shared by <a href=\"https:\/\/www.instagram.com\/metalicusaustralia\/\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px;\" target=\"_blank\" rel=\"noopener noreferrer\"> Metalicus<\/a> (@metalicusaustralia) on <time style=\" font-family:Arial,sans-serif; font-size:14px; line-height:17px;\" datetime=\"2018-05-10T00:20:54+00:00\">May 9, 2018 at 5:20pm PDT<\/time><\/p><\/blockquote> <script async defer src=\"\/\/www.instagram.com\/embed.js\"><\/script>\n<p>According to Ragtrader, when Metalicus was sold to General Pants Group in 2016 it was recording approximately $25 million in sales.<\/p>\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Another victim to online shopping<\/p>\n","protected":false},"author":10,"featured_media":3475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[215],"tags":[],"geo_market":[],"class_list":["post-3474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.10 (Yoast SEO v21.5) - 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