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800 Jobs As Barratts Collapses-spun3

 
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PostPosted: Sat 17:26, 07 Sep 2013    Post subject: 800 Jobs As Barratts Collapses-spun3

800 Jobs As Barratts Collapses
Shoe retail group Barratts Priceless,[url=http://duveticashoponline.blogspot.com/][b]duvetica shop online[/b][/url], which employs around 3,800 people, has gone into administration.
The failure from the Bradford-based chain Barratts Priceless,[url=http://kevindurantshoesonlinestore.blogspot.com/][b]kevin durant online[/b][/url], which has 191 stores in the UK, continues to be partly attributed to the mild weather of latest weeks.
Deloitte restructuring partner Daniel Butters said: "Barratts and Priceless Shoes have faced a downturn in trading due to the difficult economic conditions,[url=http://duveticajacketstore.blogspot.com/][b]http://duveticajacketstore.blogspot.com/[/b][/url].
"This continues to be exacerbated by the unseasonably mild weather in recent weeks which resulted in fewer sales across new winter lines,[url=http://woolrichoutletparka.halod.com/][b]Woolrich Jacket men sale[/b][/url]."
It's the second time the business has been put into administration. Michael Ziff, chairman of Barratts Priceless' parent company, Stylo,[url=http://woolrichelitewaterproof.blogspot.com/][b]http://woolrichelitewaterproof.blogspot.com/[/b][/url], bought 160 shops from Deloitte following the chains were put in administration in 2009.
At that time, Deloitte closed 220 stores but Mr Ziff was able to safeguard around 3,000 jobs.
Meanwhile,[url=http://youthsoccercleatsstore.blogspot.com/][b]youth soccer cleats store[/b][/url], Sky News city editor Mark Kleinman has learnt that discount fashion retail group Peacocks is considering the closure as high as 200 shops in a move that will herald further bleak news for that British traditional.
The closures,[url=http://authenticrogerviviershoes.halod.com/][b]roger vivier shoes for sale[/b][/url], which would represent around a fifth of their stores,[url=http://youthsoccercleatsstore.blogspot.com/][b]cheap soccer cleats store[/b][/url], are being discussed included in an extensive restructuring plan aimed at safeguarding the company's future,[url=http://giuseppezanottioutletonline.webmium.com/][b]giuseppe zanotti outlet online Sale[/b][/url], based on people near to Peacocks.
Nick Bubb,[url=http://woolrichjacketstore.blogspot.com/][b]Woolrich Up to 70% Off Overstock Woolrich Women's Apparel[/b][/url], a retail analyst at Arden Partners,[url=http://woolrichoutletparka.halod.com/][b]Woolrich Parka men sale Woolrich Outlet Woolrich Arctic Parka Woolrich Jacket[/b][/url], said: "The secondary traditional is struggling whatever you're selling. They were competing with the supermarkets and clothing retailers such as Change and River Island.
"Footwear can also be increasingly bought with clothing now and it is part of a continuing structural trend,[url=http://woolrichusaonlineshop.blogspot.com/][b]woolrich usa online shop[/b][/url].
"It's right down to an overwhelming combination of competition and the economy."
Barratts joins a list of retail failures this season which includes TJ Hughes,[url=http://authenticrogerviviershoes.halod.com/][b]sell discount authentic roger vivier shoes for sale[/b][/url], Jane Norman, Alexon,[url=http://discountsoccercleatsonline.webmium.com/][b]discount soccer cleats online Footwear Soccer Cleats Soccer Shoes[/b][/url], Habitat UK and concentrate DIY.
And Blacks Leisure,[url=http://duveticapiuminiitalia.webmium.com/][b]duvetica piumini italia[/b][/url], which owns the Millets chain, put itself on the market on Wednesday in a last-ditch effort in order to save the loss-making business from collapse.
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