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Austin Reed to close in Cambridge

Austin Reed is to close its store on Sidney Street in Cambridge, in a move unrelated to the group’s company voluntary arrangement.

As part of the CVA, Austin Reed Group, which owns Austin Reed, CC and Viyella, is looking to close 22 CC stores and nine Austin Reed stores that are ‘no longer viable’.

But a spokeswoman confirmed the closure of the Cambridge store was planned before the CVA proposals were announced on January 16. A date for the closure is not yet confirmed.

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