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The restructuring specialist GA Europe, a subsidiary of Great
American Group, acquired the debt of Ashloch and operated the stores while the company was in administration. On 30 July 2012, Liric, a firm controlled by the clothing entrepreneur Mike Basso, acquired 32 of the Ethel Austin stores from
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On 15 April 2008, Ethel Austin Ltd entered administration, managed by
Menzies Corporate Restructuring. The following day, it was announced that thirty three stores would be closed within three weeks, with job losses totalling 275, with an additional 181 employees made redundant at the company head
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On 8 February 2010, it was reported that the chain had gone into administration again. On 10 February 2010, administrators announced that there would be job cuts over 496 in the company's head office and distribution depot. It was anticipated that there would also be store closures totalling 196,
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was an
English clothing retailer. At its commercial peak it operated around three hundred stores. The company was purchased from the founding family in June 2002, the company ceased operation in January 2013, after numerous times entering
164:, helping neighbours with their knitting. This proved so successful, that within five years of going into business, she had opened three shops. The business became a well known and established chain in the
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director Sue
Townsend, had purchased the company and the sixty two remaining stores of Ethel Austin, saving over four hundred jobs. However, Ashloch was forced into administration managed by
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called in bailiffs after an unpaid rent bill, jeopardising the future of the company. Also in July, the brand was bought by Ricli
Limited, owned by Liric owner Mike Basso.
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Capital bought the business for £122.5 million. In May 2007, it was announced that the company had won the contract to supply uniforms for the event of
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GA Europe. On 11 January 2013, the company declared insolvency, and closed all of the remaining stores closed with immediate effect.
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throughout the mid to late twentieth century. Ethel Austin herself died in
January 1989, at the age of 88.
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The company was founded in 1934 by Ethel Austin, in the front room of her terraced house in
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211:. On 19 May 2008, it was reported that Elaine McPherson, former boss of clothing chain
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David
Bartlett, "Ethel Austin's owners go bust less than a year after takeover",
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In June 2002, the Austin family sold the business to a management team backed by
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In
November 2007, the company ran new adverts on television, which used the
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425:"Ethel Austin to open store at Runcorn Shopping Centre - Liverpool Echo"
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On 19 August 2011, it was revealed that
Ashloch Ltd, founded by the
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was announced. A clearance store also opened in Units 15 to 16a in
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179:(LDC) for £55 million. In June 2004, two years later,
342:"Ethel Austin: Entrepreneur Sue Townsend buys chain"
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234:on 11 July 2012, after a landlord of a store in
399:"Ethel Austin rescued by clothing entrepreneur"
455:Defunct retail companies of the United Kingdom
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207:office and distribution centre at Knowsley,
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185:Liverpool - European City of Culture 2008
470:British companies disestablished in 2013
460:Retail companies disestablished in 2013
320:"Ethel Austin goes into administration"
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465:British companies established in 1934
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450:Defunct companies based in Liverpool
445:Retail companies established in 1934
298:"Jobs saved at Ethel Austin stores"
276:"Job fears for Ethel Austin staff"
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480:2013 disestablishments in England
219:resulting in further job losses.
373:"Ethel Austin in fifth collapse"
202:Difficulties and administration
475:1934 establishments in England
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490:Clothing companies of England
485:Clothing retailers of England
250:In May 2015, a new store in
322:. BBC News. 8 February 2010
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177:Lloyds Development Capital
278:. BBC News. 15 April 2008
196:I Like the Way (You Move)
16:English clothing retailer
300:. BBC News. 19 May 2008
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256:Liverpool City Centre
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379:. 23 January 2013
348:. 19 August 2011.
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150:Huddersfield
129:Ethel Austin
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122:(now closed)
89:Headquarters
66:Ethel Austin
27:Company type
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403:Retail Week
228:Blackwell's
192:BodyRockers
170:North Wales
115:ethelaustin
95:, Liverpool
439:Categories
383:15 January
326:8 February
262:References
236:Manchester
209:Merseyside
166:North West
409:14 August
162:Liverpool
52:Liverpool
377:BBC News
346:BBC News
282:15 April
246:Relaunch
181:ABN-AMRO
104:Clothing
100:Products
93:Knowsley
38:Industry
252:Runcorn
140:History
110:Website
71:Defunct
63:Founder
56:England
48:Founded
31:Private
304:19 May
224:London
213:MK One
194:song "
42:Retail
33:(Ltd)
411:2012
385:2020
328:2010
306:2008
284:2008
168:and
79:Fate
58:1934
119:.uk
117:.co
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