Five jobs lost as specialist clothes shop goes bust
SPECIALIST clothing retailer Spirit of the Andes in Prestbury village has gone into administration.
The shop, part of a small British company that has been working with artisan knitters from Peru and Bolivia since 1993, is one of a number of branches closed after failing to make a profit.
The company’s high quality knitwear and nightwear was sold in shops in the UK, Ireland, the Netherlands, Denmark and Japan.
Daryl Warwick of Armstrong Watson, appointed joint administrator with Mark Ranson from the same company, said the closure took place after several years of losses.
He said: “The business failed following a number of years of loss-making trading, partially brought about due to being committed to property leases on loss-making shops.”
He added: “To date there have been a total of 54 redundancies, of which five were based at the Prestbury shop, which closed in the week of July 27.”
The company was unable to offer alternative employment to those made redundant.
The company had other branches in Bakewell, Ludlow, Hornby in Lancashire, Hay-On-Wye, Oakham, Lavenham, Bath, Sherborne, Alresford and Amersham.
Commenting on the closure, Christine Musgrove, vice-chairman of Prestbury Parish Council, said: “The speed with which Spirit of the Andes closed was unexpected and its demise is a great disappointment to locals as well as devotees from further afield.”
She said the shop’s quality merchandise and helpful staff made a contribution to the village that would be missed and said the parish council was hopeful a new business might be attracted to the ‘prime location’. She added: “Reinvigorating the village centre is at the top of the parish council’s priorities. I am leading a small working group with councillors Karen Miles and John Martin to promote the village’s businesses and attractions.”
●● Spirit of the Andes had made ‘years of losses’ according to administrators