Facebook: Transit Clothing

facebook: Transit Clothing, Facebook Facebook Tweet Mail Transit Clothing has gone into voluntary administration, with four stores shutting down in WA. Mandurah, Dunsborough and Perth DFO branches will close immediately, followed by the Clarkson outlet on Saturday, according to Nine News Australia. All staff members affected by the closures will be made redundant from the retailer, known for selling casual clothing, shoes and accessories. To improve your experience update it here News NationalWA's Transit Clothing shuts four stores after entering administration By Dylan Websdane4 33pm May 15, 2019The Perth DFO stores is one of four shutting down. The remaining stores at Belmont Forum, Cockburn Gateway, Westfield Carousel, Lakeside Joondalup and Watertown are set to hold a discount sale offering up to 70 per cent off from Thursday. Transit Clothing has been a successful retailer over a long period, with a meaningful store footprint, a wide range desired by their target market, and a successful online presence but has unfortunately found itself between the rock and a hard place of falling sales and fixed store lease costs, Mr Woodhouse said. FTI Consulting Managing Director Daniel Woodhouse said the retailer has faced soft consumer demand, falling sales revenue and relatively high store leasing costs. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.