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A-Wear winds down HoF concessions

Troubled Irish womenswear chain A-Wear has begun closing its House of Fraser concessions after the company fell into receivership last month.

HoF will continue to stock A-Wear via its nine concessions and online until stock runs out. The department store is understood to be in talks with A-Wear to buy existing stock outright.

HoF declined to comment on whether it had made a decision on what brands it would replace its A-Wear concessions with.

The move to pull the plug on its concessions business comes less than a year after A-Wear began being stocked at the department store. The deal was part of a wider strategy for the Irish chain to ramp up its UK presence. It also operates a wholesale division with accounts including Asos and Zalando.

A-Wear had 31 stores across the Republic of Ireland and Northern Ireland, but closed all except four after entering receivership. In the past week it has reopened a further five or six, and now plans to focus on its Irish retail arm.

A spokesman for A-Wear receiver Ken Fennell of Kavanaghfennell said there were no imminent plans to begin trading from its website. “The receiver’s plan is to get a number of the shops open and then sell the business as a going concern,” he said.

Earlier this week, HoF reported a 0.8% rise in like-for-like sales for the 13 weeks to October 26, with adjusted EBITDA up to £1.7m from £1.6m.

Year-to-date EBITDA has grown marginally to £9.2m, up from £9.1m at the half-year point.

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