Australian retailer Peeptoe has entered the year on the wrong foot.
Documents lodged with the Australian Securities and Investments Commission yesterday reveal the brand is in administration.
KordaMentha's Janna Robertson and Rahul Goyal have been appointed as joint administrators.
Robertson and Goyal were not immediately available for comment when contacted by ragtrader.com.au this afternoon.
The first creditors meeting will take place on January 16 in Sydney.
Stay tuned for more details.
Peeptoe was founded in mid-2006 by designer and director Nikki Hager.