Value fashion retailer Internacionale UK has made redundancies among London head office staff as speculation mounts about its ownership.
The chain was bought out of administration in July last year in a pre-pack deal that at the time saved 1,550 jobs and all but 18 of its 132 stores. The new company, Internacionale UK Limited, was backed by the existing shareholders of former company Internacionale Retail Limited.
Yesterday morning Drapers sought clarification of the position from the company having been contacted by several sources. Press officer Liz Ashford told Drapers that a statement was expected in the afternoon.
When none was forthcoming, Drapers contacted the company again to be told by a restructuring consultant within Internacionale, who does not want to be named, that Ashford had been redundant along with about a dozen other staff.
The consultant denied that other widespread redundancies were planned, but the Internacionale stores in Swansea and in Cardiff have been closed in the past few days and Drapers is aware of comments on Twitter from disgruntled staff who claim they have been made redundant.
Industry speculation suggests that Internacionale has been acquired, or is about to be acquired, by a restructuring firm.