High street fashion chain with 105 stores launches closing down sale at FOUR more shops before they shut for good
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A HIGH STREET fashion with 105 stores has launched a string of closing down sales as it plans to close four more sites across the UK. Select Fashion will close down the four branches by the end of January. The locations shutting include two sites in Hull and another two in both Wolverhampton and Scunthorpe.
![[Closed Select fashion store in a shopping center.]](https://www.thesun.co.uk/wp-content/uploads/2024/06/gv-select-fashion-store-west-913208887.jpg?strip=all&w=960)
This follows three closures announced earlier this month, which include:. It comes after the British fashion brand - owned by Turkish entrepreneur Cafer Mahiroğlu - fell into administration in 2019. At the time, the retailer blamed tough conditions on the high street and was later bought out of administration by Genus UK Limited.
Recent filings on Companies House - the UK's register of businesses - show Select Fashion entered into a Company Voluntary Arrangement (CVA) last summer. A CVA is a way of restructuring that means a business can continue trading by negotiating its debts, such as cutting rent costs with landlords.
It is a common way for struggling businesses to try and stay afloat, with chains such as Caffe Nero and Body Shop having previously entered into one. Select is now closing four more locations across the UK. Staff at its Wolverhampton branch confirmed the closure on social media, with the store set to close on January 28.
It's launched a major closing down sale to help shift stock before it closes. Its Scunthorpe location will also close before the end of the month, according to reports from a local community group. The branch located in The Foundry shopping centre has also launched a closing down sale.
