Ethel Austin and Au Naturale

Type
Bankruptcy
Country
United Kingdom
Region
North West (England); Merseyside; East Merseyside
Location of affected unit(s)
Knowsley
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing
469 jobs
Number of planned job losses
Job loss
Announcement Date
10 February 2010
Employment effect (start)
10 February 2010
Foreseen end date

Description

469 job losses have been announced as Ethel Austin and its sister company Au Naturale went into administration this week. The cuts will happen at the head office and distribution depot in Knowsley, Merseyside. The companies' administrator MCR also announced that 129 of the 429 stores would shut if they cannot find a buyer, incurring further job losses. This is the second time Ethel Austin has gone into administration in two years. No date was given by which job losses are expected to be completed.

Sources

  • 10 February 2010: BBC Website

Citation

Eurofound (2010), Ethel Austin and Au Naturale, Bankruptcy in United Kingdom, factsheet number 70179, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70179.