Tag: Austin Reed



Thousand Jobs at Risk as Austin Reed Set to Close All Stores

Thousand jobs at risk as Austin Reed set to close all stores
Posted on 2 June, 2016 by Chris Grigorovsky under Business News, Economy

High street retail has taken another hit, as this week saw administrators announce that menswear clothing brand, Austin Reed, is set to close all 120 of its stores, putting 1,000 jobs at risk. The 116-year-old retailer is set to wind-down as there were... Read More

UK High Street Takes Biggest Hit in April Since 2008

Uk high street takes biggest hit in April since 2008
Posted on 6 May, 2016 by Chris Grigorovsky under Business News, Economy

As long standing retailers BHS and Austin Reed entered into administration, the UK high street experienced its worst month since November 2008, according to BDO. High street retailers recorded a 6.1% fall year-on-year in April, with the fashion sector... Read More