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Australian Fashion Brand Metalicus Goes Bust

Hot on the heels of Esprit announcing it was closing its Australian stores, another women’s retailer is shutting up shop.

Known for their ridiculously comfy stretchy basics, Australia’s Metalicus has collapsed.

On Wednesday night, customers received an email from the company saying it was a “difficult period for our staff and customers.”

Almost immediately, a closing down sale began on their website, offering up to 50 per cent off.

As you can imagine, there would be no refunds or exchanges in the sale.

"Gift cards are only accepted in stores on a dollar for dollar spend. Not available online. The Metalicus loyalty program is no longer in operation," the website read.

At its peak, Metalicus had more than 350 stockists in Australia, New Zealand, South Africa and Canada.

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