Country casuals hits austin reed some links in this article may be affiliate links.
Party down south walt. 1998 the austin reed group acquired classic brand cc formerly known as country casuals richard thompson acquired chester barrie from austin reed in 2005 kosugi sangyo was the austin reed ready to wear license holder in japan with retail value of 50 million. The group now operates 981. It is seeking rent reductions of 50 on these stores. The dire performance from country casuals which has 200 stores across the uk prompted a profits warning from austin reed in july.
Chairman john robins told shareholders at the austin reed annual meeting that the group has launched a complete review of its entire business which it will report further on later in the year. Austin reed moves from the original 103 113 regent street store to the opposite side 100 regent street a film is produced to mark the occasion. Some 26 country casual stores and nine austin reed stores are on a rapid closure list as part of a proposed cva. The austin reed group acquires heritage brand viyella.
Related research articles virgin megastores is an international entertainment retailing chain founded in early 1976 by sir richard branson as a record shop on londons oxford street. The new broom at troubled austin reed today axed the retail director of its country casuals womenswear chain after disastrous sales. That helps us fund this is money and keep it free to use. Austin reed and country casuals planned store closures.