Republic fashion store calls in the administrators (From News Shopper)
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Republic fashion store calls in the administrators
5:04pm Tuesday 12th February 2013 in News By Heloise Wood
A HIGH street clothes company has folded putting 1,000 jobs at risk.
Fashion chain Republic, which has a branch at The Glades in Bromley, is the latest in a line of retail casualties.
Business Ernst and Young is thought to be handling the administration of the stores – there are around 120 across the UK.
Reports suggest Republic has suffered due to recent months of poor trading following consumer pressures and its focus on the north of England - an area particularly badly hit by the recession.
It follows the collapse of HMV, Jessops and Blockbuster which all called in administrators last month.
