Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Autonomy enters administration

Womenswear clothing brand Autonomy has entered administration, and all 44 employees have been made redundant. 

Autonomy appointed Tony Wright and Alastair Massey of specialist business advisory firm FRP as joint administrators on 24 March. 

Founded more than 15 years ago, the brand had three standalone stores in Newcastle-under-Lyme, Bideford in Devon and Tillicoultry in Scotland. It also had more than 100 concessions in department stores and factory outlets such as TJ Hughes, The Original Factory Shop, Boundary Mill and Beales

All concessions and stores were closed temporarily in accordance with the government’s coronavirus guidance earlier this month. There are currently no plans to re-open stores. 

The business cited a downturn in consumer spending and the struggles facing the UK high street as the recent for significant difficulties in recent months leading to its administration. 

Wright said: “Autonomy was a brand with a loyal customer base, but unfortunately the challenges facing the business left the company with no option other than to appoint administrators as it was unable to generate the cashflow to remain solvent.

“Our priority is now to support those employees affected and we will be working closely with the Redundancy Payments Service to do so. We would also urge any parties interested in acquiring the brand and associated assets to contact us as soon as possible.”

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.