The founder of PeepToe, which entered liquidation under a $1.3 million debt pile, has resurfaced in a new venture.
Nikki Hager is the creative director of footwear brand Izoa, which has announced the release of an exclusive capsule collection.
Izoe has collaborated with Rozlia Russian on five styles, ranging from pumps, stilettos and platform sandals.
The range is produced from leather with prices starting at $229 and peaking at $269.
Izoa is a Sydney-based brand that produces footwear, accessories and bags.
PeepToe was founded in 2007 but was placed into administration in January, 2014.
Administrators cited high overheads and increased competition as the key causes of its financial pressures.
According to an administrator's report, the brand owed $1.3 million to unsecured creditors and ANZ Bank.