CATEGORY 

Chief Restructuring Officer ​

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CHALLENGE 

A national menswear and womenswear retailer, generating ~$120 million turnover across ~200 stores, entered Voluntary Administration, requiring urgent operational and financial restructuring expertise. ​

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SOLUTION 

Engaged by the Administrators to lead a specialist turnaround and internal team across retail operations, merchandising, and finance: 

• Implemented interim management and executed required redundancies. 

• Conducted financial analysis of store profitability. 

• Closed 40 unprofitable stores and restructured staffing. 

• Managed landlord negotiations and customer communications. 

• Executed inventory redeployment and cost control strategies 

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IMPACT 

• Returned operations to cash flow positive within 60 days. 

• Administrators successfully facilitated sale of profitable core business to major retailer. 

• Retained significant portion of staff. 

• Preserved brand equity and minimised creditor losses. 

 

 

WHY IT MATTERS 

Rapid, experienced interim leadership stabilised a distressed business, maximised asset recovery, and preserved jobs under intense pressure.