Some 26 country casual stores and nine austin reed stores are on a rapid closure list as part of a proposed cva.
Fashion retail group austin reed has sent a strong signal that it is considering selling its underperforming country casuals womenswear business. That helps us fund this is money and keep it free to use. With the addition of austin reed which we acquired earlier this year as well as country casuals and viyella we aim to continue this organic growth while always being ready to respond to other opportunities as they arise he said. The list in full.
And chief executive nick hollingworth warned that a shake up of. The austin reed group acquires heritage brand viyella. Country casuals hits austin reed some links in this article may be affiliate links. If you click on them we may earn a small commission.
Related research articles virgin megastores is an international entertainment retailing chain founded in early 1976 by sir richard branson as a record shop on londons oxford street. Chairman john robins told shareholders at the austin reed annual meeting that the group has launched a complete review of its entire business which it will report further on later in the year. The new broom at troubled austin reed today axed the retail director of its country casuals womenswear chain after disastrous sales. The group now operates 981.