Irish apparel retailer A|wear placed into receivership

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #

Ken Fennell of Kavanagh Fennell has been appointed as the receiver to the fashion chain that had been in the examinership process since October 8 this year.

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #

A|wear has 31 retail locations in Ireland and 9 concession stores in the UK.  It currently employs 358 staff, of whom 177 are full-time employees.

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #

Kavanagh Fennell will assess the trading feasibility of some of the A|wear stores over the next few days, while it tries to find a suitable buyer for the A|wear business.

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #

However, some of the retail stores might have to be closed, according to the receiver.

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #

In recent years, A|wear has struggled with high rents, recessionary trading conditions and supply issues. 

 

Ireland-based apparel retail chain A|wear has been placed into receivership, putting several jobs at risk.Ken Fennell of Kavanagh Fennell has been #