The High Court has made formal orders winding up four companies employing 478 people here that are part of the UK fast fashion group Arcadia.
The companies will continue to trade under the liquidators into the new year pending any disposal of the Arcadia group.
Mr Justice Brian O’Moore, when making the winding up orders on Monday and appointing joint liquidators, said this was “another sad milestone in the decline of bricks and mortar retailing in Ireland”.
The Irish operating companies, including Miss Selfridge Retail Ireland, between them employ 487 people in 14 stores in the Republic and have concession stands in various premises.
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Updated / Monday, 21 Dec 2020
15:35
The Irish operating companies, including Miss Selfridge Retail Ireland, employ 487 people in 14 stores in and have concession stands in various premises
The High Court has made formal orders winding up four companies employing 487 people here that are part of the UK fashion group Arcadia.
The companies which operate brands including Wallis, Top Shop and Miss Selfridge will continue to trade under the liquidators into the new year pending any disposal of the Arcadia group.
Mr Justice Brian O Moore said it was another sad milestone in the decline of bricks and mortar retailing in Ireland .
The Irish operating companies, including Miss Selfridge Retail Ireland, between them employ 487 people in 14 stores in the Republic and have concession stands in various premises.
A question mark hangs over the future of well-known retail outlets operating within Shaws department store in Wexford town - Top Shop, Miss Selfridge, Dorothy Perkins, Burtons, Evans and Wallis - after joint provisional liquidators were appointed by the High Court to Irish companies that are part of the UK fashion group Arcadia, in a pre-Christmas blow for the staff.
Employees working in the Wexford outlets are among an estimated 487 people employed in 14 stores in Ireland and in concession stands in other premises such as Shaws, whose jobs are now uncertain as the joint administrators seek to rescue the company by seeking a buyer.