Lakeland Leather has fallen into administration, putting more than 200 jobs on the line.
Sales at the company, which has 22 stores, struggled after a warm winter which lowered demand for its leather jackets.
Martin Foster, managing director of Lakeland, said the decision to call in administrators was taken after a “ceaseless interrogation” of alternative strategies.
It is understood that a deal may be in place to try to rescue some of the stores, but four have already closed.
Richard Standring, who founded Lakeland Leather, said he was ‘not giving up’ on saving the retailer.
Lakeland has appointed McTear, Williams & Wood as administrator.