Search

1,000 jobs to go

PUBLISHED: 15:06 27 May 2009 | UPDATED: 16:45 25 August 2010

SOME 1,000 shop workers are set to lose their jobs after a clothing chain went into administration.

SOME 1,000 shop workers are set to lose their jobs after a clothing chain went into administration.

Bay Trading, which has stores in The Glades shopping centre in Bromley, The Mall in Bexleyheath, and Bluewater, Dartford, has been sold to the Loomba family which owns the Rinku Group, and already control brands such as Tigi-Wear, Viz-a-Viz and iZ.

But the sale will only save 566 jobs, 45 stores and 85 concessions.

The company employed around 1,800 people when it went into administration in late April.

A spokesperson for Rinku said neither the Bromley, Bexleyheath or Dartford stores "were on the list" to stay open.

Joint administrator for Deloitte, Lee Manning, said: "We are pleased that we have been able to secure Bay Trading's future with the successful sale of 45 stores and 85 concessions, securing 566 jobs.

"Unfortunately this means that the remaining employees will be made redundant as the other stores and concessions are closed.


If you value what this story gives you, please consider supporting the Bexley Times. Click the link in the orange box above for details.

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the Bexley Times