Northwest young fashion indie Hurley has put its Bury store into liquidation after a drop in turnover.
The store was in the Rock Shopping Centre and closed in July. The business instructed Paul Barber and Gary Lee, partners at insolvency specialist Begbies Traynor, to place the company, Merepress (Bury), into creditors voluntary liquidation.
The move does not affect Hurley’s other two stores in Wigan and Bolton, which trade separately as Merepress Limited. The stores stock brands including Diesel and Lacoste.
A statement from Begbies Traynor confirmed the Bury store was unable to achieve the level of turnover expected by its directors.
Hurley went into administration in 2009 after it was hit by a sudden withdrawal of credit insurance limits. However, owners Mark Hurley and Kim Taylor later bought the business back under the Merepress Limited operation.