200 axed as jeans shops shut

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200 axed as jeans shops shut

Store chain D2 Jeans has collapsed into administration, making 200 staff redundant and jeopardising hundreds more jobs.

Source Publication: 
ET

Administrators closed 19 stores and laid off the shop workers as the firm, based in Dundonald, Ayrshire, became the first notable post-Christmas retail casualty.

The remaining 28 stores are being run as a going concern while administrators seek a buyer for parts or all of the business in the hope of saving the jobs of hundreds more workers.