Caithness Jobs in Doubt

As reported in Drapers Online, where anything which happens in the drapery and haberdashery world is reported, Ethel Austin has gone into administration. In September 2009, the company re-opened the the former Woolworths stores in Thurso and Wick following that company’s failure earlier in the year.

This is the second time in two years the company has gone into administration, with MK One buying it within a month of the previous occassion. Yet, according to administrators, job losses may result:

MCR partners Geoff Bouchier, David Whitehouse and Philip Duffy were appointed joint administrators today and said that they could not rule out store closures and redundancies.

Bouchier said: “The joint administrators are trading the companies in administration in the short term with a view to finding a purchaser for the businesses as a going concern. In the current economic climate there are no guarantees that purchasers will be found. We are reviewing the financial position of the companies and are at this stage, unable to rule out store closures and redundancies.

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