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Austin Reed collapses into administration with 1,200 jobs at risk
http://www.telegraph.co.uk/business/...dministration/
[Menswear chain Austin Reed has collapsed into administration, dealing another blow to Britain’s high streets a day after the failure of BHS. Alix Partners, the restructuring firm, was officially appointed as administrator to the 116-year old British tailor on Tuesday morning, a move that puts almost 1,200 jobs at risk.] Another store left in the dark days |
this is just the beginning...they estimate millions will go over the next 10 years, the high street is finished
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