Cult Aussie activewear brand Stax falls into receivership amid financial pressures
Australian activewear brand Stax fell into receivership on Wednesday amid financial pressures. Receivers Joseph Hansell and Asjadi Hone will assess operations while the business continues trading. Founded in 2015, Stax grew rapidly but faced challenges during the cost of living crisis, prompting owners Matilda and Don Murray to shift focus to eCommerce for survival.
Summary by OZbrief Editorial · The West Australian · Source
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Published 24 Jun 2026, 07:47 UTC · Updated 24 Jun 2026, 07:50 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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