Vanishing Principles

Administrators to close 66 Principles stores:

JOBS are set to go at high street fashion retailer Principles after administrators today said 66 stores in as yet unidentified locations were to close.

Lee Manning, of Deloitte, said: “Regrettably, we will be closing 66 high street Principles stores, but will be continuing to trade the remaining 19. “

Tiberius points out that it’s not yet clear whether either of the Leeds branches (Briggate and White Rose Centre) will be one of the lucky 19 – but the chances of both remaining open seems unlikely.
Published in: on March 9, 2009 at 6:57 pm  Leave a Comment  
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