All Life & Style (Ethel Austin) articles – Page 2
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Opinion
Weak retailers need to be weeded out
UK retail, particularly fashion, has too many weak brands and too many stores. If consolidation does turn out to be the theme of 2010, that won’t be such a bad thing.
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News
Half of stores and staff under threat at Ethel Austin
The administrator to value fashion retailer Ethel Austin has earmarked half of its 270 stores for closure.
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News
Up to 129 Ethel Austin stores set to close
The administrators to Ethel Austin have earmarked half of the value retailer’s 270-store portfolio for closure.
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News
Ethel Austin in administration
UPDATED: Ethel Austin, which was bought out of administration in 2008 by former MK One boss Elaine McPherson, hit the buffers today after being unable to gain banking facilities, with a poor January’s trading sealing its fate.
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News
Ethel Austin files intention to appoint administrators
Value retailer Ethel Austin has filed an intention to appoint administrators.
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News
Ethel Austin close to refinancing deal
Value retailer Ethel Austin is understood to be in advanced stages of negotiations to secure a refinancing deal.
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Analysis
Property: A true test of Yorkshire grit
The recession has hit Yorkshire hard and a number of big shopping centres are now on hold. Ben Cooper asks when the development scene in the county will get back on track
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Analysis
Hilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved
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News
Blooming Marvellous bought out of administration
A group of investors including Ethel Austin owner Elaine McPherson has bought Blooming Marvelous from administrators MCR.
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News
Deals breathe life into ailing value market
The reshaping of the embattled value sector began this week with two key deals.
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News
Jobs slashed at MK One
About half of head office jobs have been slashed at fashion chain MK One after it was put into administration this week.
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News
Investors queue up to revive troubled chains
A string of beleaguered value chains that have hit the buffers recently face a new beginning next week.
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Analysis
A tale of two nations
As the slowdown starts to take its toll, a more complex picture of which areas are suffering most is beginning to emerge. Katie Kilgallen investigates the geographical divide
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News
Elaine Gray mulls combining Ethel Austin and MK One
Value fashion veteran Elaine Gray is considering investing in both Ethel Austin and MK One and could potentially combine the two struggling chains.
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Analysis
Ethel Austin: Anatomy of an administration
Ethel Austin is the latest fashion name to go into administration, but could it have been avoided? Amy Shields investigates
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News
Ethel Austin circled by up to 40 suitors
Ethel Austin administrator Menzies Corporate Restructuring revealed it has received 30 to 40 expressions of interest from potential bidders for the value fashion chain.
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News
National Schoolwear Centres enters administration
National Schoolwear Centres – a nationwide chain of school uniform shops – went into administration last week.
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News
265 shopfloor jobs to go at Ethel Austin
The administrator of value fashion retailer Ethel Austin has announced that 265 shopfloor jobs will be lost when it shuts down 33 loss-making stores over the next three weeks.
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News
On the critical list
Retail in the emergency room as it faces the harshest trading conditions since the 1990s, with the worst still to come
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Opinion
Blood on the shopfloor
To say there is blood on the shopfloor today is an understatement. The fashion sector has been left reeling with uncertainty following the collapse of Ethel Austin, the announcement of store closures from JJB Sports and the For Sale sign hoisted over MK One.
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