The receivers of the Colorado Group have put the company up for sale.

The company, which owns Colorado, Diana Ferrari, JAG, Mathers and Williams, entered into receivership on March 30 when its lenders rejected its proposal for a management restructure.

Receiver James Stewart, from Ferrier Hodgson, said in a statement that the company is inviting expressions of interest and have until Tuesday 19 April to lodge their interest for the whole or part of the group.

"These are well-known brands with an established history in the Australian retail market that will provide the right buyer with the opportunity to consolidate their presence in this region," he said.

"We have already had a pleasing number of unsolicited expressions of interest for all brands."

The group employs approximately 3,800 employees in 434 stores.  In the financial year to July 2010 the businesses had combined sales of circa $430 million.