CompaniesRetailPrint articleSeafolly swoops on rival days after rescue deal approvedSue MitchellColumnistAug 10, 2020 – 3.10pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginBeachwear company Seafolly cannot afford to pay its creditors but it can afford to buy out one of its biggest rivals, swimwear brand JETS.Less than a week after Seafolly creditors approved a rescue deal which will leave trade suppliers and landlords facing heavy losses, the company has agreed to buy JETS from womenswear retailer PAS Group, which went into administration in May.Loading...Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreRetailInsolvencyThe Pas GroupMergers & acquisitionsLatest In RetailFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineThe 25 new watches you need to know nowLuke Benedictus and Bani McSpeddenWhat OpenAI’s Sam Altman suggests you do to keep your jobThis Australian watch reseller is making its move on London and NYCBOSS Financial ReviewWhat the NAB saga reveals about the private lives of CEOsPatrick DurkinThe 5 tips that stuck with 2025’s BOSS Young ExecutivesHow a divorce at the age of 36 turbocharged this leader’s careerLife & LeisureLike the luxury resort? Now you can buy the homeJill DupleixThe fashion designer who has sold 38,000 of one dressThe most dangerous wine in the worldRich ListStake.com founder invests millions to build Australia’s ChatGPTPaul SmithRich Lister Walker family donate millions to Sydney cancer centreChina provides reality check for Forrest’s green iron dream
