‘Move toward less formal workwear’ cited as one reason for move
by outlet that dressed U2 and Westlife
The shop, which is located on Duke Lane just off Grafton Street, confirmed on Tuesday it had petitioned the High Court to wind up the business. “In the current retail environment and with the existing business model, there is no prospect of stemming the losses,” it said. In 2000, the company was sold to business services group Kallic Ltd, which retains a 90 per cent shareholding with the remaining shares owned by Thomas Kennedy.
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