Fourteen shop workers have lost their jobs with immediate effect after an announcement a shoe store in Kingston has gone into administration.
The Original Shoe Company (OSC), in Clarence Street, has shut with immediate effect, administrators KPMG announced today.
All 14 staff at the branch have been made redundant after OSC, which is owned by sportswear brand JJB, shut 37 of its 64 stores across the country.
JJB applied to put OSC, and another of its subsidiaries Qube, into administration last week, after failing to find buyers for them.
Eight of the 13 Qube stores will also close, totalling 438 redundancies in the UK.
Richard Fleming, joint administrator for KPMG, said: “It has been well documented that both companies have been running at a substantial loss in the wake of extremely tough trading conditions on the high street.
“Unfortunately, these losses have left us with little option but to close 45 of the stores upon appointment.
“We intend to consolidate all stock into the remaining 32 stores, and trade these while we seek a buyer for the remainder of the division.”
• Have you been affected by the closure of the Kingston store? Tell us below or call the newsdesk on 020 8330 9548.
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