Clothing chain Sasha, has gone into liquidation.
The chain has a store in Clonmel, on Gladstone St, right opposite our office. The Clonmel store employed 7 people.
Nationally, the chain runs 42 stores and employs 300 people.
David Carson, of Delloite, the same man who handled the Waterford Crystal closure, was appointed examiner to the company that owns Sasha last December, however the High Court was told yesterday that due to a sharp deterioration in trading conditions, there was no longer a reasonable prospect of the company’s survival.
i work for sasha and we werent told through a series of meetings!!!!!!! a liquidator came into the store,suprised us and locked up.no notice!!!!
ReplyDeleteThat is tough going!Everyone thought that the examinership would have saved the company, but the liquidation was a surprise. Reports have it that the Clonmel store traded very well.
ReplyDeleteThe Clonmel store did trade well, but they were not doing well in other outlets.
ReplyDelete