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BHS administration proves brands reliant on heritage are vulnerable

on Apr 25, 2016 | 0 comments

By Thomas Hobbs

M&S

Up to 11,000 jobs and 164 shops are currently at risk as administrators Duff & Phelps look to find a buyer for all or part of the 88-year old high street retailer. If a buyer for BHS cannot be found, BHS is set to become the biggest high street collapse in the UK since Woolworths in 2008.

What next?

Sports Direct had looked like the most likely outcome for picking up the BHS estate. However, its decision to pull out of negotiations is believed to have triggered BHS entering administration.

Anusha Couttigane, a fashion analyst and insight manager at ORES, expects a Read full story ›

Source: Marketing Week