Karen Millen to review 100 HQ jobs after Coast acquisition

Karen Millen review

Karen Millen has reportedly placed at least 100 head office roles into consultation after the retailer acquired Coast through a pre-pack administration deal two weeks ago.

A spokeswoman for Karen Millen said that the retailer needed to “undertake a careful review” of the business “in order to rationalise and, in some cases, restructure roles and responsibilities”.

She said it would “ensure the business is positioned well for future growth”.

“A full consultation process is under way and our priority is to work closely with and support staff throughout this,” she said.

Karen Millen had acquired certain parts of Coast after the latter appointed PwC as administrators earlier this month, resulting in 600 out of 900 jobs being saved.

Karen Millen agreed to buy Coast’s UK concessions portfolio and online businesses, and will also trade through wholesale and franchise partners.

Coast’s standalone stores and concessions on mainland Europe were not included in the deal.

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