Life & Style administrator to close 22 stores
The administrator for the failed fashion and homeware chain Life & Style has announced that it will be closing 22 of the stores resulting in the loss of 274 jobs.
Joint administrator Simon Bonney of RSM Tenon said “RSM Tenon has now completed our initial review of the Life & Style business.
“Unfortunately as part of our efforts to safeguard the health of the overall business we had no alternative but to close 22 shops, and make 274 people redundant.
“We are now in early discussions with a number of parties in relation to the disposal of all or parts of the business as a going concern.”
The Altrincham based company was created out of administration last year by Elaine McPherson, the former head of failed fashion chain Ethel Austin. McPherson bought the trade name and assets of Ethel Austin and fellow chain Au Naturale.
