More jobs are under threat after 116-year-old retailer Austin Reed collapsed into administration just a day after the failure of BHS.

The firm has four stores in Scotland, at Buchanan Galleries in Glasgow, George Street in Edinburgh, Livingston Designer Outlet and Gretna Gateway Outlet Village.

Glasgow BHS staff 'in the dark' about their future

Global business advisory firm AlixPartners was appointed administrator to the menswear group, which has 100 stores, 50 concessions and employs 1,184 staff.

Austin Reed will continue to trade while AlixPartners seeks a rescue deal for all or part of the business.

The move deals another blow to Britain's high street following the administration of BHS on Monday, which has put 11,000 jobs under threat and threatened the closure of up to 164 stores in the biggest retail failure since Woolworths went under in 2008.

Austin Reed, which also has the Viyella and Country Casuals brands, blamed its woes on "cash flow difficulties" and "challenging retail market conditions".

Glasgow Times:

It revealed plans to appoint advisers to handle an administration late last week.

Austin Reed, which was founded in 1900, has suffered years of falling sales as it has failed to attract younger shoppers.

The group, whose famous clients include International Monetary Fund chief Christine Lagarde, had been put on the sale block in recent weeks but has reportedly been unable to find a buyer.

Glasgow BHS staff 'in the dark' about their future

Peter Saville, joint administrator at AlixPartners, said: "Our priority now is to work with all stakeholders and determine the optimum route forward for the business as we continue to serve customers throughout the UK and Ireland.

"Austin Reed is a well-regarded and iconic brand and therefore we are confident that it is an attractive proposition for a range of potential buyers, as such we expect, and welcome, contact from interested third parties."