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Jobs at risk as fashion store Internacionale goes into administration
11:24am Monday 3rd March 2014 in News
Up to 130 jobs in the north west are at risk with eight full time positions in Warrington expected to be lost after budget fashion shop Internacionale went into administration.
The clothing store, which has a shop in the Golden Square Shopping Centre, has 89 stores across the UK and employs around 1,000 staff.
The ‘fiercely competitive retail sector’ and economic conditions have been blamed for the company’s demise.
Bruce Cartwright, Lyn Vardy and Toby Underwood of PwC have been appointed as joint administrators of the high street retailer last week.
Mr Cartwright said any approaches to purchase parts of the store portfolio and safeguard jobs are still welcome.
He added: “We intend to continue to trade over the coming weeks in order to sell as much of the retail stock as possible and maximise the return to creditors. Staff have been and will continue to be paid for their work.
"Unfortunately, unless a willing purchaser for the business or store portfolio is forthcoming, it is inevitable that redundancies and store closures will become necessary as the administration process continues.”
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