{"id":692841,"date":"2026-05-25T04:58:12","date_gmt":"2026-05-25T04:58:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/692841\/"},"modified":"2026-05-25T04:58:12","modified_gmt":"2026-05-25T04:58:12","slug":"stateside-sports-enters-voluntary-administration-with-31-stores-under-review","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/692841\/","title":{"rendered":"Stateside Sports enters voluntary administration with 31 stores under review"},"content":{"rendered":"<p>One of Australia&#8217;s biggest retailers for NBA jerseys, NFL merchandise and sneaker apparel has entered voluntary administration, with 31 stores now under review.<\/p>\n<p>Stateside Sports is continuing to trade while the future of the business, including its national store footprint and online operations, hangs in the balance.<\/p>\n<p>Advisory firm DVT Mcleods has been appointed to oversee the process, with partners Antony Resnick and Henry Kwok appointed as voluntary administrators on May 22.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/https:\/\/prod.static9.net.au\/fs\/126cd4a1-896f-4b06-ad26-c9b38e6c23a5.png\"   alt=\"\"\/>The chain stocks major global brands including Nike, Jordan, New Era and Mitchell &amp; Ness. (Instagram statesidesports.au)<\/p>\n<p>Founded in 2017, the retailer built a following through American sports merchandise linked to the NBA, NFL and Major League Baseball, as well as Australian products, including retro NRL jerseys.<\/p>\n<p>The chain stocks major global brands including Nike, Jordan, New Era and Mitchell &amp; Ness.<\/p>\n<p>Stateside Sports also became known for tying launches and in-store activations to major sporting events, including Formula One and the UFC.<\/p>\n<p>&#8220;While we will be focusing on changes in its operations and retail footprint as a matter of urgency, for now it is business as usual and products will continue to be sold in-store and online,&#8221; Resnick said.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/https:\/\/prod.static9.net.au\/fs\/cf323f47-4fee-40da-a25c-eb1cf7fbba27.png\"   alt=\"Stateside Sports markets itself as &quot;the home of US Sports in Australia&quot;.\"\/>Stateside Sports markets itself as &#8220;the home of US Sports in Australia&#8221;. (Facebook\/Stateside Sports)<\/p>\n<p>Resnick said Stateside Sports had been hit by weaker discretionary spending, inflationary cost pressures and competition from global retailers.<\/p>\n<p>&#8220;Australian retail has never been a game for the faint-hearted, but even for Stateside Sports, who are operating in a niche, youth-focused, brand relevant market, current trading conditions are tough,&#8221; he said.<\/p>\n<p>Resnick said the retailer remained an attractive opportunity for buyers because of its national brand awareness and e-commerce infrastructure.<\/p>\n<p>DVT Mcleods was formed in July 2025 through the merger of DVT Group and Mcleods, combining operations across New South Wales and Queensland.<\/p>\n<p>NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"One of Australia&#8217;s biggest retailers for NBA jerseys, NFL merchandise and sneaker apparel has entered voluntary administration, with&hellip;\n","protected":false},"author":2,"featured_media":692842,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-692841","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/692841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=692841"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/692841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/692842"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=692841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=692841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=692841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}