Friday 9 December 2011

Region. Firm in receivership

A restructuring of clothing manufacturer, Fletcher Jones, which has been placed in receivership, could result in the closure of some or all of its 44 stores – two of which are in Campbelltown and Rouse Hill – ahead of a sale that administrators, Cor Cordis, hopes to have wrapped up by January. The company has annual revenue of about $25 million.

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