Jeanswest creditors could be owed over $50 million, as administrators release the initial tally.
News Ltd reports around $7.2 million is owed to trade creditors, $20 million to related parties and $2 million to landlords.
A further $2.6 million is owed to 988 staff members, while 200 creditors are also owed cash.
KPMG was appointed as voluntary administrators of the Australian operations of Jeanswest this month.
KPMG retail restructuring practice leader James Stewart said the brand has experienced broader trading challenges.
“Like many other retailers, the business has been challenged by current tough market conditions and pressure from online competition.”
