Overview

• Exoticathletica entered voluntary administration on April 9, 2025, with SV Partners managing the process.
• The company owes $13 million, including $6.7 million to Commonwealth Bank, $800,000 to the Australian Tax Office, and $5.4 million to unsecured creditors.
• Employees are owed $114,000 in entitlements, with additional debts to suppliers and manufacturers totaling hundreds of thousands of dollars.
• Administrators are running a 70% off flash sale to recover funds while seeking expressions of interest from potential buyers.
• Founded in 2014 by Leilani Chandler, the brand saw rapid growth during the pandemic but struggled with rising costs and management challenges.