G-Star Raw will end its tenure in Australia, after a buyer was not found for the collapsed retailer.
The Australian operations of G-Star Raw fell into administration again in May, after first collapsing in 2015.
EY administrators Justin Walsh, Stewart McCallum and Sam Freeman commenced a sales campaign for the chain’s 57 stores shortly after.
The lack of interest was blamed on broader uncertainty.
"The fact that no party was able to buy the business reflects the high level of uncertainty regarding the future prospects for the retail sector in Australia,” administrators said in a statement.
The closure affects 50 stores and 200 employees across the local business.
Last month, the Dutch denim brand filed for Chapter 11 bankruptcy in the US, citing the impact of Covid-19 on the business.