Allsports job losses inevitable

More than 1,700 jobs could go at sports retailer Allsports after administrators were called in last night.

The company has 267 stores nationwide but has been struggling as a result of the downturn in consumer spending.

It was put up for sale in April by founder and chairman David Hughes, but failed to attract a buyer.

Administrator BDO Stoy Hayward said there had been a ‘significant’ decline in sales and that store closures and job losses were inevitable.

The slowdown in consumer spending has already claimed the 143-year-old Allders chain and furniture retailer Courts in the past year.

Comments are closed.