Three weeks after entering voluntary administration, specialty menswear retailer Ed Harry is closing down for good.
It was the companys only option, according to administrators Brendan Richards and Gayle Dickerson of KPMG, who said they had received no viable offers to purchase the business.
Despite a thorough sale campaign being undertaken, there has been limited interest from the market in the business as a going concern, Richards said.
Remaining stock will be sold and the companys operations will be fully wound down over the next six to eight weeks.
The closure will impact nearly 500 staff who work across 87 stores nationwide and in the head office in Adelaide, South Australia.
Ed Harry is just the latest retailer to end up on the…
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