November 16, 2016

Apparel company BLK reportedly in receivership

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BLK, the apparel and sportswear supplier which has contracts with six AFL clubs has reportedly gone into receivership.

The collapse of the apparel firm will have widespread ramifications across numerous elite sports clubs in Australia.

The Herald Sun has reported that the ASIC database reveals World Rugby Specialists, the parent company of BLK has been placed under external administration.

The company has deals with AFL clubs Adelaide, Brisbane Lions, Richmond, Gold Coast, GWS Giants and St Kilda.

BLK has informed the AFL that they are in receivership which will severely hamper the six clubs’ playing guernseys, training gear, merchandise and sponsorship deals.

Other Australian clubs and franchises affected span A-League, NRL and Super Rugby clubs including Newcastle Jets, Gold Coast Titans, Queensland Reds, Melbourne Rebels and Western Force. The Australian and New Zealand national netball teams also have deals with BLK.

“The AFL is aware that BLK has gone into receivership,” an AFL spokesman told the Herald Sun.

“Our commercial/licensing departments are in the process of gathering as much information as they can from the receivers to understand the implications for those clubs in the competition that have a relationship with the company for 2017.”

Gold Coast Titans chief, Graham Annesley, has said in a statement: “We have very little information regarding the impact at this stage but we are working closely with the NRL, through its licensing department, to protect the clubs interests and ensure our preparations for the 2017 season are not impacted.”

Just last week, on November 9, St Kilda announced their newly signed three-year deal with BLK, having switched apparel sponsor from ISC.

While reigning AFL premiers Western Bulldogs had earlier this month switched from BLK for global sportswear manufacturer Asics.

Source: Herald Sun


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