Collapsed clothing retailer Meredith & Moore closing doors “for good”

Meredith & Moore

The Meredith & Moore store at Collins Place in Melbourne

Women’s clothing retailer Meredith & Moore is closing its doors “for good” after the business collapsed into voluntary administration late last month.

Meredith & Moore, which was founded in 1962, called in external managers on March 29.

The business turned over around $9.2 million in the 2014-15 financial year and has a customer database of around 15,000 people.

Administrator Daniel Walley, partner at PPB Advisory, told SmartCompany last month he would be looking for a purchaser for the business.

Meredith & Moore has continued to trade through the administration, however it informed customers via a email yesterday it would be closing “for good”.

The brand is having a closing down sale with all items are $30 or less.

At the time of the collapse, Meredith & Moore operated 17 stores in Australia and several outlets in New Zealand.

The company’s most recent email newsletter promotes just four stores in Camberwell and Collins Place in Melbourne, and Mosman and St Ives in Sydney.

Customers are also unable to make purchases on Meredith & Moore’s website.

SmartCompany contacted PPB Advisory for comment but did not receive a response prior to publication.

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