Henleys in Administration
By FashionUnited
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Henleys,
The brand will continue to be sold online and through its 260 wholesale stockists.
Henleys chief executive David Inglis said: “Unfortunately, the retail side of the business has been suffering from poor trading conditions due to fragile consumer confidence and from onerous leases agreed at the height of the market.”
He added: “When I joined Henley’s Clothing last year, my remit was to carry out a strategic review of the company and as a result we have decided to focus the business on its main wholesale operation.
“In addition to the continuing growth of online sales, the wholesale side of the business is seeing expansion overseas, specifically from Australia, Canada and mainland Europe. We are also investing significantly in a brand re-launch in July.”
Image: Henleys