Stax enters receivership as FTI Consulting seeks buyers and refunds
Stax, the activewear business founded by Don Robertson, entered receivership following financial collapse amid negotiations with owed creditors. FTI Consulting's receivers have put the company up for sale and are exploring potential refunds for customers who placed orders in late June. Two of Stax's Sydney stores have closed as the brand faces uncertainty over its future.
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Published 06 Jul 2026, 06:05 UTC · Updated 06 Jul 2026, 06:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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