New Appearance to shut 26 stores as it goes into liquidation

asianbrides.xyz — Reported from the media site ahotelinitaly.com, About 350 jobs are expected to go throughout 26 stores as the Irish branch of style seller New Appearance goes into liquidation.

Affected staff were informed after the High Court in Ireland approved the visit of provisionary liquidators last Thursday. New Appearance said further interaction is planned over the coming days.

The seller is looking for to wind down its Irish procedures following several years of “sustained losses and challenging market problems”.

New Appearance utilizes a total of 347 individuals throughout its network in the Republic of Ireland.

The company, which entered the Irish market in 2003, said a 30-day staff assessment process will begin over the coming days.

However, a cumulative redundancy process affecting all workers in the Republic of Ireland is envisaged.

The Irish Work Party said immediate activity to protect the employees is required from the company.

The party’s enterprise spokesperson George Lawlor said: “New Appearance Sellers Ireland Ltd must identify the human impact of this choice and instantly involve with employees in a significant and useful manner.

“Employees must be provided clearness on redundancy terms or redeployment options. They cannot be left in limbo.”

The company said it was concentrated on sustaining its workers through the process.

It also said the visit of liquidators wasn’t ignored.

The company said its Irish procedure has had a hard time for some years, affected by a variety of factors consisting of “supply-chain and in-market costs, and pressed customer spending”.

It included: “New Appearance has gone through changes to adjust to this market – consisting of marketing efforts, store adjustments and price range tests – however, following a tactical review of the Irish business, New Appearance Team wrapped up it was no much longer practical to proceed trading in Ireland.”

The team says it will redouble financial investment on its UK business and its electronic offering.

A New Appearance representative said: “Because of the progressively unstable trading problems we had to speed up our current plans, which consisted of carrying out an evaluation of our procedures in the Republic of Ireland.

“Following this review, the team sadly wrapped up it was no much longer practical to proceed trading here, so it has made the challenging but necessary choice to enter liquidation in this market.”

New Appearance stores were briefly shut before reopening on Sunday for a clearance sale.

New Appearance collections will proceed to be available through online sellers Asos and Very.

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