nikki-red Posted February 12, 2013 Share Posted February 12, 2013 Yet another High street casualty, up to 1000 jobs at risk as Republic is expected to call in administrators tomorrow http://news.sky.com/story/1051145/republic-close-to-collapse-sky-sources Link to comment Share on other sites More sharing options...
DYKWIA Posted February 12, 2013 Share Posted February 12, 2013 High St fashion chain Republic likely to call in administrators tomorrow. http://www.dailymail.co.uk/news/article-2277649/Republic-Fashion-retailer-fourth-chain-administration-year-putting-1-000-jobs-risk.html#axzz2Kj3jXCPh Link to comment Share on other sites More sharing options...
wednesday1 Posted February 12, 2013 Share Posted February 12, 2013 High St fashion chain Republic likely to call in administrators tomorrow. http://www.dailymail.co.uk/news/article-2277649/Republic-Fashion-retailer-fourth-chain-administration-year-putting-1-000-jobs-risk.html#axzz2Kj3jXCPh Another Coalition success. Link to comment Share on other sites More sharing options...
aliceBB Posted February 12, 2013 Share Posted February 12, 2013 Grotesque as the Coalition is, it can hardly be blamed for the demise of a mediocre and overpriced fashion chain. Internet shopping is the reason high street stores are failing. Link to comment Share on other sites More sharing options...
wednesday1 Posted February 12, 2013 Share Posted February 12, 2013 Grotesque as the Coalition is, it can hardly be blamed for the demise of a mediocre and overpriced fashion chain. Internet shopping is the reason high street stores are failing. Yes I would agree that is a significant factor, but people won't spend their money because many fear unemployment and another recession. Link to comment Share on other sites More sharing options...
dvp82 Posted February 12, 2013 Share Posted February 12, 2013 I think the biggest killer for Republic was it's target age group, which I think was the 16-25 year olds. Not exactly an age group with large amounts of disposable income to spend. Stores like River Island, Hollister, Super Dry, Next cater for much wider age groups. Link to comment Share on other sites More sharing options...
poppet2 Posted February 12, 2013 Share Posted February 12, 2013 Yes I would agree that is a significant factor, but people won't spend their money because many fear unemployment and another recession. But Primark, low end of the market, is doing very well, as are pound shops. Link to comment Share on other sites More sharing options...
aliceBB Posted February 12, 2013 Share Posted February 12, 2013 But Primark, low end of the market, is doing very well, as are pound shops. The clothes are probably the same as in Republic, just a fraction of the price - all made in China... Link to comment Share on other sites More sharing options...
Happ Hazzard Posted February 12, 2013 Share Posted February 12, 2013 Always thought Republic clothes were rubbish, cheap tat for chavs. What people want in recession times is well-made clothes that will last a while. Link to comment Share on other sites More sharing options...
aliceBB Posted February 12, 2013 Share Posted February 12, 2013 Always thought Republic clothes were rubbish, cheap tat for chavs. What people want in recession times is well-made clothes that will last a while. So why is business at Primark and Poundland booming?! Link to comment Share on other sites More sharing options...
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