Marcs and David Lawrence will close their New Zealand operations.
Administrators for both brands have confirmed ten sites will close over the next two months.
Rodgers Reidy was appointed to the two firms on February 1, 2017.
The store closures will impact 11 full time , 22 part time and 11 casual jobs.
Rodgers Reidy director Andrew Barnden said the administration is ongoing.
"Both brands have been operating in New Zealand for more than ten years.
"As administrators , we have an obligation to restructure the operations of the Australian and New Zealand businesses while we attempt to sell the business as a going concern.
"Whilst the stores are permanently closing, New Zealanders will have a great opportunity to purchase quality apparel at discounted prices.
"We hope loyal customers take advantage of this final opportunity to buy great product from these iconic brands .
"Stock will be discounted from today and stores will close progressively over the next few months.
"Whilst the New Zealand stores of Marcs and David Lawrence are closing permanently, we are dealing with interested parties with respect to the sale of the Australian businesses and are continuing to trade 177 Marcs and David Lawrence stores .
"No decision has yet been made on the Australian arm of the businesses.
"Marcs and David Lawrence stores in Australia will continue to trade in Australia until further notice while the administrators are dealing with interested parties," he said.