“We want to stock you”: Regional VIC business offers lifeline to brands caught in David Jones collapse

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Bendigo's Frankie & Co says it will stock Australian labels left hanging by David Jones' spectacular collapse. The post “We want to stock you”: Regional VIC business offers…

After David Jones’ stunning descent into voluntary administration, fashion retailer Frankie & Co has offered to stock independent Australian labels blindsided by the department store’s collapse.

David Jones reportedly collapsed while owing $100 million to suppliers, leaving dozens of local brands with unpaid invoices and little prospect of retrieving stock.

Administrators from McGrathNicol are seeking buyers or investors to recapitalise the failed department store, but small suppliers face an anxious wait to learn how much of their debts will be repaid.

They include beachwear brand K Juliet, which had only just launched in David Jones. Founder Chloe Barry-Hang feared the brand was unlikely to see compensation for stock provided to the retailer.

Meanwhile, tote bag maker Eau Bags says it had recently supplied David Jones with a major delivery, with an even bigger order currently in production.

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Other brands caught in the fallout include fashion label Betty Basics, which said it was preparing to launch its latest collection in-store ahead of the busy Christmas period.

Frankie & Co, a womenswear retailer selling goods online and through its Bendigo store, has now offered those brands a helping hand.

Taking to Instagram on Saturday, the retailer said it would “love” to stock more of the labels shellshocked by the ongoing situation.

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