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Pamela Scott will close half of her 24 stores in Ireland, including her flagship store on Grafton Street, due to the Covid crisis with the loss of 104 jobs.
In a statement, the fashion retailer said a restructuring of the business is expected to secure 90 positions, with stores remaining open in Clonmel, Mullingar, Castlebar, Waterford, Newbridge, Wexford, Ennis, Letterkenny, Middleton, Athlone, Navan and Kilkenny. The store’s online business is also unaffected by the restructuring.
Gift vouchers, credit notes, loyalty cards and deposits will not be affected by the closings, regardless of where the vouchers were purchased, the retailer said.
“It is devastating to have to close stores and, in particular, to have to say goodbye to so many of our employees, some of whom have been working for Pamela Scott for decades. Extraordinary times call for extraordinary measures and we believe this is the best way to protect not only one of Ireland’s oldest and largest fashion chains, but the livelihoods of our remaining 90 employees, ”said Managing Director Richard Barron.
“When it comes to retail in general, and fashion in particular, you have to adapt or face extinction. Pamela Scott has repeatedly adapted to both changing customer tastes and changing market conditions. We are confident that this restructuring will allow us to continue bringing the best of Irish and international fashion to our Irish customer base for many years to come, ”he added.
To effect the closure of the stores, Arzac Developments Ltd and Richard Alan Co Ltd are applying to the High Court that Eamonn Richardson, partner in the restructuring of KPMG Ireland, and Ian Barrett, director of KPMG, be appointed as joint provisional liquidators.
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