The owner of a hairdressing chain with branches across Bristol has collapsed into administration.
Regis UK, which owns high street hairdresser Supercuts as well as Regis salons, has appointed administrators Deloitte, putting around 1,200 jobs at risk.
There are Supercuts branches in The Galleries, Emersons Green and Yate. There is also a Regis salon in House of Fraser at Cabot Circus and another at Cribbs Causeway.
Deloitte restructuring partners Rob Harding and Matt Cowlishaw will oversee the administration process.
All branches will continue trading as normal while the administrators look at options for the business.
The administrators said Regis UK had “suffered” from changes in consumer behaviour and reduction in footfall, particularly in shopping centres where a number of salons are located.
Mr Harding said: “The retail trading environment in the UK remains extremely challenging and Regis UK Limited had been seeking to address this through a restructuring of its business.
“Unfortunately, these trading challenges coupled with the uncertainty caused by the legal challenge to the CVA have necessitated the need for an administration appointment.
"This in order to provide protection for the business whilst restructuring and sale options are fully considered and explored.
“The group operates two very strong brands and we are working with all key stakeholders to stabilise the situation and provide the best solution possible. We would like to thank the group’s employees and other key stakeholders for their ongoing support at this difficult time.”
The news comes as report into the retail sector by the British Retail Consortium found that 85,000 jobs were lost in the industry last year.
It follows the collapse of fashion chain Bonmarche, which also has a branch in The Galleries, last week.
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