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Sneaker marketplace founders rescue Stax activewear after collapse
Sydney entrepreneurs Justin and Sandy Li-Truong bought Stax activewear. The brand had 12,927 orders it never delivered, worth 1.7 million dollars.
Why it mattersThousands of customers waiting for orders may get help. The new owners say they are not legally responsible for old orders but will try to support affected customers as the brand relaunches.
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