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Footwear brand hit as haulage firm collapses into administration

An Irish footwear brand and retailer is awaiting the release of €100,000 (£79,000) of stock that has been trapped in depots after a haulage firm it uses fell into administration.

Dubarry, which is headquartered in Ballinasloe, Ireland, has had stock tied up since haulage firm Target Express went in to liquidation on Friday August 24.

Around 21 stores in Ireland and 17 stores in the UK are thought to have been affected.

According to Dubarry managing director Eammon Fagan, a limited amount of stock was released the following Monday. However he said the brand had been hit by missing stock during the key back-to-school period.

Fagan could not put a figure on the damage caused by the stalemate, adding that any unsold product could be held back for next year once it is released by Target.

“With back-to-school it is often the case that if parents can’t get the shoes they want then and there, they will just get them from elsewhere,” he said.

The administrator Grant Thornton is expected to release stock later this week.

Dubarry sells footwear at stores including independent clothing and footwear retailers Chic of Gainsborough in Lincolnshire and Farlows in London as well as via its own stores and website.

 

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