Bestseller Retail (Ireland) Limited, the holding company behind the Vero Moda, Jack & Jones, Only and Name It clothing brands, is to emerge from examinership after a high court approved its restructuring plan.
The company, which is a subsidiary of Danish firm Bestseller A/S, has been trading in Ireland since 1991. It appointed PricewaterhouseCoopers as examiner in March in a move that gave it protection from its creditors while its reorganisation was worked out.
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The company will now operate 15 stores in Ireland employing 105 people, compared with 270 staff across 36 stores earlier this year.
