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Discount clothing retailer, Ethel Austin has called in administrators less than a year after being being rescued from collapse.
Both Ethel Austin and its sister chain store, Au Naturale have appointed MCR as administrators.
The Group operates nearly 300 stores and employs nearly 4,000 people and it is thought that the administrators will seek to keep the stores trading as normal whilst a buyer is sought for all or part of the business and assets.
Story provided by Business Financial Newswire
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