# Stax Activewear Shutting Down | Perth News

Page: https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199/stax-activewear-shutting-down-perth-news
Text version: https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199/stax-activewear-shutting-down-perth-news.md
Podcast: [Perth News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/perth-news-today-2-min-news-the-daily-news-now-7574199)
Published: 2026-07-13T07:46:00+00:00
Episode link: https://sources.thednn.ai/e801c4ab2486fa68
Audio file: https://api.fastcast.ai/audio/2965aff6-dbb5-4805-aadf-17d31908ffb4.mp3
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Duration seconds: 97

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/e801c4ab2486fa68

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## Transcript

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