FRP Holdings Stock News

These are challenging times on the high street

More than 500 jobs are at risk

Almost 550 jobs will be lost across the UK

The Hillstreet centre store in Middlesbrough is among those which won't reopen

The company has gone into administration and 545 staff have been made redundant across the country

Fashion retailers Monsoon and Accesorize are set to close several stores in Ireland despite being brought out of administration in the UK. The brands are set to shutter 35 stores in the UK and Ireland

Monsoon Accessorize owner Peter Simon has bought the struggling business out of administration, in a move which aims to save both brands but endangers 545 jobs in the process.

More than 500 jobs will be lost

More than 500 jobs will be lost

It's yet another blow for UK high streets with 545 jobs lost

More than 500 jobs are set to be lost after retailer Monsoon Accessorize entered administration

It is hoped the majority of the region's stores will stay after the retailer's founder sealed a deal to buy the business out of administration

A total of 35 stores will close at the retailer, which collapsed after the Covid-19 crisis scuppered a turnaround plan

British fashion retailers fell into administration late on Tuesday

More than 500 jobs are set to be lost after Monsoon Accessorize entered administration, as the hit from coronavirus threw its turnaround plan off course.