A high street fashion brand has gone bust after closing 35 stores earlier this month as staff are told they won’t get redundancy pay or wages.
It is understood that insolvency firm Moorfields has launched a wind down of the Select Fashion after a creditors’ meeting was held last Friday to approve a voluntary liquidation.
None of the 40 staff members at the affected stores will be given a redundancy package or will be paid for the time they worked before the stores closed, the Sun reports.
Employees at the remaining 48 shops have also reportedly been warned their wage payments will be delayed.
A number of employees have been advised to apply for support via the government’s Redundancy Payment Service (RPS).
An email sent to staff…
