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Lakeland Leather

Lakeland Leather the clothing chain retailer became insolvent in 2014 after Administrators MWW declared the company bankrupt. The company went into administration after a drastic drop in sales at their peak time. It was bought out by a director of the company in a prepacked deal.

  • Administrators: MWW
  • Year Founded: 1960
  • Total Number of Jobs Lost: 200
  • Number of Retail Shops: 22
  • Managing Director/CEO: Richard Standring
…2019: Lakeland Leathers’ fortunes changed somewhat as a result of the brand shifting its tactics; focusing on its specialism – leather (designing in-house and having a leather expert), and dialing down on the heavy discounting. It has also expanded into larger leather products which have a higher price, such as luggage-sized bags. Futhermore the brand has sought to differentiate itself by using British sheep skins.
2014

Jane Norman

Jane Norman the fashion retailer became insolvent in 2014 after Administrators Grant Thornton declared the company bankrupt. The company went into administration due to falling sales and demand for their products simultaneously. The Edinburgh Woollen Mill purchased the brand operating it as an in store concession.

  • Administrators: Grant Thornton
  • Year Founded: 1952
  • Total Number of Employees: 6,000
  • Total Number of Jobs Lost: 157
  • Number of Retail Shops: 24
  • Managing Director/CEO: Saj Shah

…2019: The Edinburgh Woollen Mill announced in May 2018 that the brand would close.

 

2014

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