The group now operates 981.
Austin reed also owned the cc brand rebranded from country casuals. The austin reed group acquires heritage brand viyella. Some 26 country casual stores and nine austin reed stores are on a rapid closure list as part of a proposed cva. Yesterday it said like for like sales at the older womens.
Owners said that some 35 austin reed and country casual stores are on the rapid closure list. Austin reed and country casuals planned store closures. Country casuals hits austin reed some links in this article may be affiliate links. Fashion retail group austin reed has sent a strong signal that it is considering selling its underperforming country casuals womenswear business.
The dire performance from country casuals which has 200 stores across the uk prompted a profits warning from austin reed in july. The new broom at troubled austin reed today axed the retail director of its country casuals womenswear chain after disastrous sales. It is seeking rent reductions of 50 on these stores. Chairman john robins told shareholders at the austin reed annual meeting that the group has launched a complete review of its entire business which it will report further on later in the year.