Episode
Stax Activewear Shutting Down | Perth News
- Published
- Jul 13, 2026
- Duration seconds
- 97
- Processing state
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- https://sources.thednn.ai/e801c4ab2486fa68
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Summary
Stax, the trendy activewear brand that soared with over $30 million in annual sales and 160 employees, has collapsed into voluntary liquidation — a final shutdown after all efforts to save it failed. Once backed by NAB and facing receivership, the company now sells off assets and cancels pre-orders, invalidates gift cards, and apologizes to fans left holding empty promises — even as founders sold luxury cars like Lamborghinis in a last-ditch attempt to stay afloat. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e801c4ab2486fa68