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Five jobs to go as Belfast Jacques Vert outlet shuts

By Staff Reporter

The owner of womenswear brand Jacques Vert is to close its concession in Belfast's Debenhams department store after going into administration.

The administrators of Calvetron Brands, which also owns Precis, have announced all of the retailer's concessions will now close, leading to the loss of around 840 jobs.

Around five jobs are expected to be lost in Debenhams.

Administrators Duff & Phelps have failed to find a buyer for the business, which first fell into administration in May.

The closures and job losses follow the 102 concessions earmarked for closure in June, which impacted 445 employees.

There will be around 500 retail redundancies from the latest closures, plus around another 90 jobs in Calvetron's global head office and distribution centre, as well as another 250 roles in Canada.

Calvetron had previously employed 1,408 people - 997 in the UK, 155 in Ireland and 256 in Canada.

Benjamin Wiles, joint administrator at Duff & Phelps, said: "We have explored a number of potential options - however, no viable offers for the business as a going concern have been received.

"Calvetron Brands has faced the perfect storm of extremely difficult trading conditions."

Belfast Telegraph

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