Creditors of troubled fashion chain Coogi on Thursday agreed to give employees owed around A$2.5 million priority in any financial deal.

The Melbourne-based firm was went into voluntary administration in July owing more than A$25 million - including more than A$1 million in benefits such as sick pay and A$600,000 in superannuation back payments.

Up to 100 workers lost their jobs but the company is still trading with administrators saying they have received several bids for the firm.