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An Australian fast fashion chain which collapsed owing $13 million is back in business.

Grace Fashions, once trading across 44 stores as SES, entered into voluntary administration last year due to falling sales and issues with offshore suppliers.

The brand is now operated by Alexandria Imex and officially launched an online platform on February 2.

The brand is currently running an online competition to build its profile on Facebook, where it has just under 100 likes at time of press.

The relaunch offer comprises tops, bottoms, dresses and outerwear priced from $15.99 for sale items to $50 for jackets.

Statement items include an neoprene tee, a long scarf vest and an oversized jacquard jacket.

The online store offers free delivery for purchases over $100.

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