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Article: Rescue plan for troubled Ethel Austin.
- Article from:
- The Mail on Sunday (London, England)
- Article date:
- September 25, 2005
CopyrightCOPYRIGHT 2005 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: LUCINDA KEMENY
ETHEL Austin has called in restructuring expert Close Brothers to help rescue the troubled discount retailer.
It emerged in May that the company was holding talks with its banks. And Financial Mail revealed that PricewaterhouseCoopers had been called in to conduct a review of the business.
This came less than a year after Liverpool-based Ethel Austin, which ...