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Savills appointed to sell Bank stores

Bank Fashion’s joint administrators William Dawson, Daniel Smith and Paul Meadows of Deloitte, have appointed Savills to advise on selling the retail chain’s store portfolio. The fashion chain, which is headquartered in Bury and operates 84 stores across the UK, brought in administrators last week putting 1550 jobs at risk following a number of...

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Business|ANALYSIS Featured

Warning lights on for high street retailers after Bank Fashion collapses

"With the first retail administration of 2015 hitting right at the start of the vital January sales period, I expect we’ll see more high profile casualties emerge before the month is up, “warns retail expert at Begbies Traynor, Julie Palmer. As reported by the ‘Manchester Evening News’, retail experts have warned other high street stores may...

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