Printer Friendly

Jobs axed at shoe retailer.

ALMOST 2,000 jobs are being axed after administrators for shoe shop Barratts Priceless failed to find a buyer for its concessions business.

It was announced last week that almost 200 jobs were being cut with the closure of 18 stores across the UK.

Administrator Deloitte said it would continue to trade the remaining 173 stores while it sought a buyer for all or parts of the business.

But yesterday it said finding a buyer had been unsuccessful.

It is the second time the Bradford-based chain has been put into administration as Michael Ziff, chairman of Barratts Priceless parent company Stylo, bought 160 shops from Deloitte in 2009. Mr Ziff was able to safeguard around 3,000 jobs.
COPYRIGHT 2011 Coventry Newpapers
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Coventry Evening Telegraph (England)
Date:Dec 31, 2011
Previous Article:Rare spider monkey born at zoo.
Next Article:Arrests made after series of metal thefts.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters