The Upcoming
  • Cinema & Tv
    • Movie reviews
    • Film festivals
      • Berlin
      • Tribeca
      • Sundance London
      • Cannes
      • Locarno
      • Venice
      • London
      • Toronto
    • Show reviews
  • Music
    • Live music
  • Food & Drinks
    • News & Features
    • Restaurant & bar reviews
    • Interviews & Recipes
  • Theatre
  • Art
  • Travel & Lifestyle
  • Literature
  • Fashion & Beauty
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
      • London Fashion Week
      • London Fashion Week Men’s
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Support us
    • Contact us
  • Competitions
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • RSS

Fashion & Beauty

Fashion chain Republic poised for administration

Fashion chain Republic poised for administration
12 February 2013
Diandra Todesco
Avatar
Diandra Todesco
12 February 2013

The first company to go into administration in 2013 was camera retailer Jessops, with entertainment stores HMV and Blockbuster following quickly behind. With over 10,000 jobs already lost in the second month of the year alone, fashion has been unbelievably lucky to remain unscathed. Until now, that is.

Just this week it was announced fashion chain Republic may be entering administration, and with around 120 stores to the company’s name, there are fears their 1,600 staff will be made unemployed. According to reports, the group have already appointed business firm Ernst & Young to handle the administration.

Founded in Leeds in 1986, Republic had humble beginnings, with founder Tim Whitworth originally selling clothes as a Saturday boy on a market stall. The business grew, and years later turned into one that stocked brands such as Diesel, Lipsy and French Connection alongside its own. In 2010 business was booming for Republic, as American firm TPG bought the clothing retailer for an estimated £300m. However, after last Christmas, sales started to fall, with customers turning to both high street and online rivals.

But there is a slim hope for Republic, as companies such as sportswear group, Sports Direct, may join rivals in looking to adopt a smaller version of the retailer out of administration.

Diandra Todesco

Related Items

More in Fashion & Lifestyle

Ladies’ fashion: Seven wardrobe staples for summer

Rosie Davis
Read More

Kensington’s newest hair salon: Jamie Stevens Hair

Rosie Davis
Read More

Spring beauty: The new beauty launches to try this spring

Rosie Davis
Read More

Unmissable Easter collections for 2022: Lush

Rosie Davis
Read More

Eight homeware pieces we’re obsessed with this spring

Sophie Cook
Read More

Seven fun activities for a memorable Mother’s Day

Sophie Cook
Read More

Mother’s Day gift guide 2022

Rosie Davis
Read More

London Fashion Week autumn/winter 2022 roundup

Sophie Cook
Read More

Trends to expect from the autumn/winter fashion weeks 2022

Sally Wijers
Read More
Scroll for more
Tap
  • Popular

  • Latest

  • TOP PICKS

  • Albert Adrià reopens Enigma on 7 June as a “fun-dining” restaurant and cocktail bar
    Food & Drinks
  • The Road Dance
    ★★★★★
    Movie review
  • Paolo Nutini at the 100 Club
    ★★★★★
    Live music
  • Crimes of the Future: Three new clips from David Cronenberg’s dystopian body horror film
    Cannes
  • When You Finish Saving the World
    ★★★★★
    Cannes
  • Marcel!
    ★★★★★
    Cannes
  • More than Ever (Plus que Jamais)
    ★★★★★
    Cannes
  • Plan 75
    ★★★★★
    Cannes
  • Enys Men
    ★★★★★
    Cannes
  • The Stranger
    ★★★★★
    Cannes
  • More than Ever (Plus que Jamais)
    ★★★★★
    Cannes
  • Plan 75
    ★★★★★
    Cannes
  • Dirty Dancing the Movie in concert at Apollo Theatre
    ★★★★★
    Theatre
  • Feminine Power: The Divine to the Demonic at the British Museum
    ★★★★★
    Art
  • Eo (Hi-Han)
    ★★★★★
    Cannes
The Upcoming
Pages
  • Contact us
  • Join mailing list
  • Join us
  • Our London food map
  • Our writers
  • Support us
  • What, when, why
With the support from:
International driving license

Copyright © 2011-2020 FL Media

Lily & Lotty jewellery: it’s a stunning family affair
Pure London A/W 13: Day three