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Jane Norman Collapses

It was announced last night that mass woman clothing chain Jane Norman has collapsed. 


 

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British Woman clothing Store, Jane Norman has joined the list of many other 'fashion victims' after being in over 140 million of debt. The famous Jane Norman was put up for sale earlier this month but after failing to find a buyer, it was forced to call administrators. 

In result of this, over 1,600 jobs are being threatened and a further 35 shops in UK and Ireland that have already been shut down due to loss of customers. 

It has been said that Jane Norman has already agreed to sell 33 of their stores to clothing store Edinburgh Woollen Mills but many jobs are still at risk. Edinburgh Woollen Mills are still deciding whether to buy another 28 of the stores. Debenhams where also included in the bid to buy Jane Norman stores and concessions. 

It was decided that Jane Norman clothing would still remain to sell items in their Debenhams chain and hope for sale in the near future.

 

 

 
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