A spokesman for A/Wear, trading as Latzur Ltd, said it's unclear if customers who bought gift cards will have them honoured.
The company has been trading under examinership since October 8 in a bid to put it on a more secure footing.
However, a spokesman said "in the intervening weeks post examinership, sales projections for the business have not materialised and no viable investment proposal was forth- coming, leaving the business with no option but to seek the appointment of a receiver".