- Insolvency Insider Australia
- Posts
- SurfStitch returns with new website and leadership after bruising administration
SurfStitch returns with new website and leadership after bruising administration

SurfStitch has emerged from administration under new ownership and leadership after creditors approved a DOCA that returned the business to Best Markets Pty Ltd, allowing the retailer, which collapsed with more than $13 million in liabilities, to relaunch as a scaled-back online marketplace while unsecured creditors receive 4.73 cents in the dollar.