Republic

Republic the fashion retailer became insolvent in 2013 after Administrators Ernst & Young declared the company bankrupt. The company went into administration partly due to the harsh economic climate, its main consumers were young people and with a high unemployment rate in young people, their consumers stopped spending. Consumers started going to budget clothes shops like Primark. 114 stores were bought by Sports Direct.

• Administrators: Ernst & Young
• Year Founded: 1985
• Total Number of Employees: 136,000 (peak)
• Number of Jobs Lost: 150
• Number of Retail Shops: 121
• Managing Director/CEO: Tim Whitworth

…2019: Any remaining stores were merged with USC, so as of 2019, Republic remains absent from the UK high street.