|
A-Wear was an Irish chain of women's clothing stores with a wide number of operations in the Republic of Ireland and Northern Ireland. The brand also operated internationally through its online store at awear.com and stores within the United Kingdom. It ceased trading in January 2014. ==Ownership== * The brand A-Wear first started out as 'Gaywear'. The first store opened in Limerick in 1966. The store expanded nationwide in 1973 when Galen Weston's retail empire invested in the company. In 1985, it was rebranded as A-Wear. Up until 2007, the stores were owned by the Brown Thomas Group. *In May 2007, a consortium led by Alchemy Partners purchased the company for €70 million from the Brown Thomas Group.〔(A-Wear sold for €70m ) Irish Independent〕 In late 2011, due to the continued economic downturn and high-retail rents in the Republic of Ireland, Alchemy Partners announced it was to go into receivership. *On October 17, 2011,〔(A-Wear acquired by Hilco ) Retail Week〕 Hilco Groups's ''Hilco Capital Ireland Ltd'' purchased the company and its debt. On 15 February 2012, Hilco placed A|Wear into receivership. *On February 16, 2012, it was confirmed that A|wear operations in the Republic of Ireland and Northern Ireland were purchased out of receivership.〔(A-Wear bought out of receivership ) Retail Week〕 An international consortium headed by Michael Flacks of Flacks Group bought the company and will continue to operate the 32 stores in Ireland with possible expansion.〔(A-Wear sale secures 460 jobs ) RTÉ〕 In 2013, A Wear re-entered the UK retail market after going into receivership in December 2011; it currently operates its clothing range from 10 House of Fraser stores in the UK only and will open its own stand-alone stores in autumn-winter 2013. The new look UK stores will showcase the new look A-wear branding and stores which will be rolled out in the Republic of Ireland also in autumn.〔(A-Wear Enters UK Market ) Irish Independent〕 In October 2013, A Wear confirmed that its parent company went into examinership. After failing to exit examinership successfully on Thursday, November 28, 2014 all A-wear stores in the Republic of Ireland ceased operation after the appointment of Kavanagh Fennell〔(Receiver Appointed to A-Wear ) RTÉ〕 as receiver by Chelsey Investissement SA.〔(A-Wear Goes Into Receivership ) Irish Times〕 Its concession stores in the United Kingdom also ceased operations. 300 jobs are at risk. The appointed receiver noted that some stores would remain closed with the possibility of retaining more profitable stores, with the aim to sell these stores to a suitable buyer.〔(Receiver Appointed to A-Wear ) RTÉ〕 Its loss making online store (awear.com) has also ceased trading at that time. On November 28, 2013 the company entered receivership.〔(A-Wear Enters Receivership ) Archived from (the original ) on 2014-03-03〕 By early December a number of stores in Dublin and Sligo were reopened. As of the week beginning December 9 the following stores have reopened: *Blanchardstown *Castlebar *Limerick (Crescent SC) *Galway *Grafton Street *Dundrum * Liffey Valley *Sligo *Swords All other stores remain closed. Its Cork flagship store on Patrick's Street which was one of the its biggest stores and it store in Mahon Point will no reopen. Its online store will not reopen. The remaining stores closed during the period from 24 December 2013 to 11 January 2014 when the final store shut its doors. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「A Wear」の詳細全文を読む スポンサード リンク
|