Stylo

Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.72 - Retail sale of footwear and leather goods
2,500 jobs
Number of planned job losses
Job loss
Announcement Date
19 February 2009
Employment effect (start)
19 February 2009
Foreseen end date
28 February 2009

Description

Stylo, a retailer who owns the Barrat and PriceLess shoe retail chains, is to close 220 stores with the loss of 2,500 jobs. The company, which operated a total of 545 stores and employed 5,500 people, went into administration in January. 325 stores have been sold on which will retain 3,000 jobs. The remaining stores will be closed by the end of February 2009.

Citation

Eurofound (2009), Stylo, Closure in United Kingdom, factsheet number 68295, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68295.