Women’s clothing chain Bonmarche is the latest retailer to collapse into administration putting more than 1,500 jobs under threat.
This is the second time in just over a year that the retailer with an outlet in Regent Street, already with the closing down signs in the window, has gone into administration.
In October 2019 30 stores were closed before a deal with Peacocks saved 225 stores which are all understood to be remaining open whilst a new deal is sought.
Damian Webb, joint administrator of RSM Restructuring Advisory, said: “Bonmarche remains an attractive brand with a loyal customer base.
“It is our intention to continue to trade whilst working closely with management to explore the options for the business.
“We will shortly be marketing the business for sale, and based on the interest to date we anticipate there will be a number of interested parties.”
