Ex-Myer chair Bill Wavish buys Cue Clothing

Cue Clothing Co, the Australian fashion retailer behind Cue and Veronika Maine, has reportedly been sold to former Myer chairman Bill Wavish, emerging from a receivership process overseen by FTI Consulting after secured lender Hilco Capital placed the business into administration and receivership in September, with the sale following a substantial restructuring that reduced its store network from 51 to 20 locations amid persistent losses, despite revenue increasing to $103.2 million and its annual loss narrowing to $5.1 million in fiscal 2025.

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