Henri Lloyd enters administration with 31 stores set to close

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Henri Lloyd has announced it has entered administration which will see 31 stores close and a large amount of jobs at risk.
RSM, Henri Lloyd’s administrators blamed “challenging trading conditions on the High Street” for the waterproof clothing company’s demise.
House of Fraser, who have suffered retail struggles of their own, sell Henri Lloyd’s clothes in their stores.
The clothing company was set up in 1963 by decorated polish soldier, Henri Strzelecki and his business partner Angus Lloyd. The Polish soldier got the nickname ‘Waterproof Henri’ for the company’s designs and was awarded an OBE in 1985.
The announcement comes on the same day that discount retailer Poundworld announced it had also entered administration.