In a larger story about struggling retail giant Myer, today's AFR reports the demise of Metallicus:
"Meanwhile, another high-profile supplier to Myer is shutting up shop. A week after Esprit said it was pulling out of Australia, womenswear brand Metalicus, which has 12 stand-alone stores and 15 concessions in Myer, has fallen into administration."
Looks like PGR got out of that line of business just in time. Well played.
Ash
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