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