NEW ZEALAND: Fashion Chain Amie Goes Bust
Women's fashion retail chain Amie, which was rebranded after losing its Esprit franchise last year, has fallen into receivership in a move that could see more than 100 workers lose their jobs. The operator of 23 stores is expected to close its outlets by the end of next month after being hit by falling sales and Esprit's return to New Zealand as part of Hong Kong-based Esprit Holdings.
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