Ethel Austin chain in fourth administration

Ethel Austin Ethel Austin first went into administration in 2008

Related Stories

The north England clothing chain Ethel Austin has returned to administration for the fourth time in four years putting hundreds of jobs at risk.

The move leaves around 500 jobs under threat, just one year after the stores group, which has been on the High Street for 78 years, was last rescued.

New administrators Duff & Phelps said redundancies and closures of some of the 48 stores could not be ruled out.

It said the company was continuing to trade while looking for a buyer.

Ethel Austin's board last week warned it intended to appoint administrators.

Council house

The administrators said the chain, which also traders as "Life & Style" had suffered what it called a "marked downturn in sales brought on by the well-publicised economic difficulties facing the UK".

Last year the company was saved by a director of the Blackwells book store chain, Sue Townsend.

The joint administrators, Philip Duffy and Sarah Bell, said they were "urgently" reviewing the company's financial position.

The business was founded by Ethel Austin and her husband George in a Liverpool council house in 1934.

Before the series of administrations which began in 2008, the company had 300 stores employing almost 3,000 staff.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Liverpool

Weather

Liverpool

16 °C 11 °C

Features

  • The OfficeIn pictures

    Fifty landmark shows from 50 years of BBC Two


  • French luxury Tea House, Mariage Freres display of tea pots Tea for tu

    France falls back in love with tea - but don't expect a British cuppa


  • Worcestershire flagFlying the flag

    Preserving the identities of England's counties


  • Female model's bottom in leopard skin trousers as she walks up the catwalkBum deal

    Why budget buttock ops can be bad for your health


  • Two women in  JohanesburgYour pictures

    Readers' photos on the theme of South Africa


BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.