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Mike Ashley against the ropes on USC’s business

By Angela Gonzalez-Rodriguez

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Business

Fashion and sports mogul Mike Ashley might find himself against the ropes as several Scottish MPs are pressing to launch a fully parliamentary investigation over the administration of clothing retailer USC.

The Scottish Affairs Committee is launching an enquiry into the fast fashion chain, with MPs last week branding the redundancies of more than 200 people as “despicable” and “appalling”, reports London journal ‘CITY A.M.’

Ashley put USC into administration last month, saying all stores were to close; it was bought out soon after by Republic, which Ashley also owns. It must be highlighted that the vast majority of jobs were saved.

Labour backbencher Brian Donohoe has said that he had been asked to attend a meeting at his Central Ayrshire constituency to give members of the Commons Scottish Affairs and Business Committees first-hand accounts of their treatment, the ‘Herald’ reports.

Likewise, Donohoe further explained that MPs would be listening to the workers to “use the feedback to press for a full parliamentary investigation into Ashley’s activities”.

“There are many questions to be answered about how the business has been run, about the administration process and about the total lack of consultation with staff and government officials,” summed up Donohoe.

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