Major Irish clothing company closing down Laois and all other stores
Portlaoise store not honouring gift vouchers as liquidation announced
There is bad news for customers and employees of a Laois clothing shop with the announcement that the Born Clothing Irish business has gone into liquidation.
The company is closing all 15 stores in Ireland, including its shop in Laois Shopping Centre in Portlaoise. It means the loss of some 116 jobs in total.
It is not honouring gift vouchers or credit notes as part of the liquidation process, and has debts of nearly €8 million. The Portlaoise store had operated for the past 14 years, with about a half dozen workers employed.
The Portlaoise store is opening at 11am this Thursday, April 23, for a liquidation sale.
Born Clothing which sold women's and men's clothes including ranges like Vila and Diesel, has issued a statement.
"Liquidation notice to all customers. All liquidation sales allow for a 30-day return/refund policy with reason and accompanying valid liquidation receipt. Any additional statutory rights remain unaffected.
"As the company is in provisional liquidation please note the following: No gift vouchers can be accepted during the liquidation sale. No returns of stock bought before the liquidation can be refunded. No credit note provided by the store before the liquidation can be accepted.
"Claims for refunds/ returns of stock /credit notes rank as unsecured claims in the liquidation. To submit a claim, please contact [email protected] for further details," the company has stated.
They also say if the store has closed within the 30 days, customers with liquidation receipts must email the company.
Last Tuesday, April 21, The High Court approved the appointment of provisional liquidators to insolvent companies in the group which carries debts of about €7.7m.
The appointment of provisional liquidators typically allows a company to continue trading on a temporary basis while its affairs are assessed and an orderly process is put in place.