White Fox founders Georgia and Daniel Contos, the couple behind Australia’s teen fashion sensation and Baddest Bod self-tanning brand, are under regulatory scrutiny for failing to lodge mandatory financial statements with ASIC.
Despite the company’s estimated $500 million-plus revenue and rapid global expansion across Australia, the UK, and the US, the fashion powerhouse has allegedly skirted obligations under the Modern Slavery Act 2018 and avoided key compliance reporting.
ASIC is reportedly in discussions with White Fox over potential penalties.
The Contos’ built White Fox from a 2013 garage startup into a global digital-first brand, leveraging influencer marketing and social media to reach millions of followers.
The company recently opened warehouses in the US and UK and is constructing a $70 million Sydney headquarters.
While their empire continues to grow, the couple’s regulatory lapses highlight ongoing concerns about transparency in Australia’s fast-growing private fashion sector.
Source: The Australian.
