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'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Liquidators called in to Charas brand

Designer Plus Direct, which trades as occasionwear brand Charas, is facing liquidation following serious cash-flow problems.

It has instructed insolvency firm CMB Partners to convene a meeting with creditors on July 31 to place the company into liquidation. It is unclear how many jobs could be lost.

Charas, which is stocked by indies such as The Changing Room in Carlisle and etailer Designer Desirables, was established in 2002 by Sarah Banks, who is now head designer and manager. The director is June Anderson.

Banks said: “The reason Designer Plus Direct had to be liquidated is because it had a large number of long-term staff and we simply did not have the cash flow to afford to pay their redundancy.

“I am still planning in the long term to supply a small number of stockists, who are aware that I am taking maternity leave. The brand will now be exclusive to a select number of boutiques as I will not have the capacity to supply on a large scale.”

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.