THE fashion chain Bonmarche has gone into administration for the second time in just over a year, putting more htan 1,500 jobs under threat. 

RSM Restructuring Advisory, which has been appointed to handle the administration, said all Bonmarche’s 225 stores will remain open and there are no redundancies yet as it looks to agree a rescue deal.

The chain has stores in Shirley, Eastleigh, Fareham and Gosport.

 

The business went into administration last year, with administrators eventually agreeing a rescue deal with Peacocks. 

Despite the rescue deal, 30 stores were closed before last Christmas, affecting hundreds of jobs at the group.

Bonmarche seeks rescue deal after poor trading

Damian Webb, joint administrator of RSM Restructuring Advisory, said: “Bonmarche remains an attractive brand with a loyal customer base.

“It is our intention to continue to trade whilst working closely with management to explore the options for the business."

“We will shortly be marketing the business for sale, and based on the interest to date we anticipate there will be a number of interested parties.”