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flag Ally Fashion, an Australian fast-fashion brand, faces closure of 51 stores amid financial struggles and liquidation.

flag Australian fast-fashion brand Ally Fashion, founded in 2001, faces an uncertain future after liquidators were appointed due to unpaid rent. flag The company will close 51 underperforming stores across Australia to improve financial viability. flag The remaining stores will continue to operate under a license agreement with a related entity of director David Dai while the liquidators explore restructuring, recapitalizing, or selling the business.

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