Stateside Sports enters voluntary administration with 31 stores under review

One of Australia's biggest retailers for NBA jerseys, NFL merchandise and sneaker apparel has entered voluntary administration, with 31 stores now under review.

Stateside Sports is continuing to trade while the future of the business, including its national store footprint and online operations, hangs in the balance.

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.

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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.

The chain stocks major global brands including Nike, Jordan, New Era and Mitchell & Ness.

Stateside Sports also became known for tying launches and in-store activations to major sporting events, including Formula One and the UFC.

"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," Resnick said.

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Resnick said Stateside Sports had been hit by weaker discretionary spending, inflationary cost pressures and competition from global retailers.

"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," he said.

Resnick said the retailer remained an attractive opportunity for buyers because of its national brand awareness and e-commerce infrastructure.

DVT Mcleods was formed in July 2025 through the merger of DVT Group and Mcleods, combining operations across New South Wales and Queensland.

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