18 October 2018
The Roger David network has 57 stores and approximately 300 employees around Australia. It was established in 1942 and became one of Australia’s best-known clothing brands.

Mr Shepard said the Administrators would begin a national closing down sale immediately to clear stock and raise as much money as possible for employees and other creditors.

“Roger David, like many other fashion retailers, has been buffeted by global competition, stagnant sales and rising fixed costs”, Mr Shepard said.

“The company has been exploring all options, including a sale of the business, but has been unable to find an alternative to administration.”

At its peak, Roger David had more than 100 stores, selling suits, other fashion and accessories under the Roger David and RDX brands.

Gift cards will be honoured in full for one month to encourage support from customers for the closing down sale. Stock will be marked down to clear.

Timing of store closures will be announced later. The first meeting of creditors will be held on 30 October 2018.  Further information for creditors will be posted on www.kordamentha.com/Creditors.
 
Media contact:
Michael Smith
Inside Public Relations
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