Australian label Exotic Athletica will officially fold this week after 10 years in business.

The Queensland-based activewear and athleisure brand collapsed into voluntary administration in April.

Bankruptcy firm SV Partners announced at the time it was hoping to find a buyer for the "much-loved" brand, which launched in 2014, but the rescue bid failed to come through.

The Sunshine Coast business told followers in a social media post this week that it would shut for good on Sunday.

"After 10 wild, messy, fabulous years of leggings, crops, and chaos… it's time for us to say something we never thought we would: Exotica is closing our doors on Sunday, November 16th," the company announced.⁠

"We built this brand for women who dare themselves, who sweat, laugh, cry, and strut in every shape

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