Midlands jobs under threat as menswear brand Austin Reed calls in administrators

Jobs may be under threat in the Midlands Credit: PA wire

Hundreds of jobs could be at risk in the Midlands after menswear chain Austin Reed collapsed into administration just a day after the failure of BHS.

Global business advisory firm AlixPartners was appointed joint administrator to the menswear group, which has stores 100 stores and 50 concessions throughout the UK including two in Birmingham and Stratford and sites in Walsall, Lichfield and Wolverhampton.

The company said it will continue to trade while AlixPartners seeks a rescue deal for the business.

The move deals another blow to Britain's high street following theadministration of BHS on Monday, which has put 11,000 jobs under threat and threatened the closure of up to 164 stores in the biggest retail failure since Woolworths went under in 2008.