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Life & Style administration costs 274 jobs


Administrators for fashion and homewares retailer Life & Style have confirmed that 22 of its stores will be closed.

The move will result in 274 redundancies, with outlets in Cheetham Hill, Manchester and Kirkham, Lancashire included in the cull.

Life & Style, which was created from the remnants of the Ethel Austin business, fell into administration earlier this month due to poor trading following two previous administrations for the original company.

Simon Bonney, Director of RSM Tenon and Joint Administrator for Life & Style, said: “RSM Tenon has now completed our initial review of the Life & Style business.

“Unfortunately as part of our efforts to safeguard the health of the overall business we had no alternative but to close 22 shops, and make 274 people redundant.

“We are now in early discussions with a number of parties in relation to the disposal of all or parts of the business as a going concern.”

Ethel Austin began trading in 1930 but fell into administration in 2008, eventually being bought up and revived by businesswoman Elaine McPherson.

The firm then fell into administration in March last year, which is when it was renamed Life & Style by McPherson who again bought the company.

Commenting earlier this month, Bonney said: “Life & Style has been brought to this situation through poor trading. We are currently looking at all aspects of the business.”

Published on Wednesday 22 June by Editorial Assistant

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