‘Each party is owed money’: Stax orders in limbo, company up for sale

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Source: The Age
Published: 2026-07-06 16:05 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Business & Economy
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Snippet:
Stax customers who placed orders around the time the activewear business collapsed will have to wait on the uncertain outcome of negotiations between receivers and the array of lenders and suppliers owed money.
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