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Irish Mirror
Irish Mirror
National
James Andrews & Edel Hughes

Irish jobs at risk as Philip Green's Arcadia Group to close ten shops in Dublin, Cork and Galway

Ten shops in three Irish cities are set to close their doors, putting dozens of jobs at risk.

The retailers, which are part of tycoon Philip Green's Arcadia Group and include Topshop, Wallis and Miss Selfridge outlets, will shut as part of a restructuring plan.

Arcadia, which has about 570 stores, as well as hundreds more branded concessions, instigated seven Company Voluntary Arrangements (CVAs) in relation to certain Group companies in a bid to save itself from administration.

There were fears the company could collapse but a rescue deal was put in place on Wednesday.

The company had asked for a reduction in rents and revised lease terms across 194 locations, Mirror.co.uk reports.

Sir Philip Green (PA)

A total of 23 stores in the UK and Ireland had already been earmarked to close, with over 520 jobs at risk, along with another 11 Topshop and Topman stores in the US.

An additional 25 Miss Selfridge and Evans stores were also on the list to be cut.

Dublin will see its flagship Topshop and Miss Selfridge stores on Stephen's Green close, along with the recently revamped Topshop and Topman in Jervis Shopping Centre.

Evans and Wallis on Henry Street and Evans in Liffey Valley are also on the chopping board.

Cork will lose Dorothy Perkins and Wallis outlets but Topshop on Opera Lane and Miss Selfridge in Mahon Point have been saved.

Meanwhile, Galway will lose its Miss Selfridge store but retain a Topshop.

The news follows a tough time for the high street, with L.K. Bennett entering administration earlier this month, while Irish designer Orla Kiely closed five retail stores as the fashion brand went into liquidation last year.

Meanwhile, department store House of Fraser, which stocks the L.K. Bennett brand, went into administration last year before being bought out by Sports Direct tycoon Mike Ashley.

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