Ojay in administration

Australian womenswear retailer Ojay will close two stores at the end of this year, with the brand plunging into administration. 

Lowe Lippmann accountancy firm partners David Coyne and Gideon Rathner were appointed joint administrators on August 31.

When contacted by ragtrader.com.au, Coyne said the two stores were already scheduled to close by the end of this year.

This includes one site in Western Australia and another in Sydney.

Ojay currently has 20 stores nationally, Coyne said.

The Melbourne-based company, which has been operating since 1976, will continue to trade throughout the administration.