Discount clothing retailer Ethel Austin has entered administration for the second time in two years. The Liverpool-based retailer, which has 300 stores, will trade as normal while administrators MCR seek a new buyer. However, MCR could not rule out closures or job losses since there were “no guarantees” that a buyer could be sought in the [...]

Read the complete post at http://www.financemarkets.co.uk/2010/02/08/ethel-austin-enters-administration-for-the-second-time-in-two-years/

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Posted 02-08-2010 1:25 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News