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Fashion Chain In Administration

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Fashion chain in administration

Select Retail is based in Hertfordshire

Women's fashion store chain Select Retail has gone into administration, but half the 250 stores have already been sold to a management buy-out team.

Administrators UHY Hacker Young said the sale secured the full-time employment of approximately 1,000 members of staff.

UHY Hacker Young added that the remaining Select stores would stay open in an attempt to find a buyer.

A number of potential suitors have already expressed an interest.

Select blamed the move into administration on a "deteriorating trading performance" since the start of the year.

The company is based in Hertfordshire.

The credit crunch first high street victim (no more cheap credit for chavs?)


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  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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