In another blow to bricks-and-mortar retail, Jeanswest has entered voluntary administration but its Albury store will continue to operate, at least for now.
The business employs 988 people across 146 stores Australia-wide.
KPMG's Peter Gothard and James Stewart were appointed administrators on Wednesday.
In a statement, they said operations will continue while they conduct and urgent analysis of the business.
The news comes as Harris Scarfe prepares to close in Albury.
IN OTHER NEWS:
James Stewart, KPMG's retail restructuring practice leader, said Jeanswest was an iconic brand.
"Like many other retailers, the business has been challenged by current tough market conditions and pressure from online competition," he said.
The administration provides an opportunity for Jeanswest to restructure so as to better respond to the challenging Australian retail market."