Clothing & Shoes

Greenwoods goes into liquidation

Yorkshire-based menswear retailer Greenwoods has gone into liquidation just 18 months after it was saved from administration.

The 158-year-old company is the latest high-street victim closing all of its stores with more than 100 jobs expected to be lost.

The retailer originally fell into administration in September 2017, with 40 of its 63 saved from closure after it was acquired by Versatile International Trading.  

The news comes after notices were posted in store windows which read: “All outlets of Versatile International Trading Ltd t/a Greenwoods Menswear have now closed for business permanently.”

Meanwhile the company’s website simply displays the message “sorry, this shop is currently unavailable.”

Greenwoods was founded by Sir Willie Greenwood in 1860 originally as a hat shop, before becoming a both a casual and formal menswear outfit. At its height in the 1990s Greenwoods had over 200 stores across the country.

The collapse come only five days after music and entertainment retailer HMV announced it had entered administration placing 2200 jobs at risk.

Greenwoods could not be reached for comment.

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