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Posted: 2018-01-08 00:45:15

Maggie_T_imagePlus-size retailer Maggie T has entered administration, appointing insolvency firm DW Advisory last week.

Cameron Gray and Justin Holzman were appointed joint and several voluntary administrators of Maggie T Corporation Pty Ltd, pursuant to resolution of the board of directors.

“At this stage, the business is continuing to trade, and a report to creditors will be issued in approximately four weeks,” the appointed administrators said in a statement.

The first meeting of creditors will be held next week.

Maggie T has been in business over 35 years – represented by model Maggie Tabberer, long an ambassador for the brand.

The retailer operates 28 stores nationally and has an e-commerce platform.

It becomes the latest retail casualty, with many Australian retailers in for a bumpy ride during 2018, according to insolvency firm Jirsch Sutherland.

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