By Sarah Butler at The Guardian
Jones the Bootmaker is expected to call in administrators on Friday [today] in a move that will put more than 1,100 jobs at risk.
The shoe retailer, which employs 1,145 people, has nearly 100 stores and a handful of concessions in department stores. It is understood to be close to going under after a deal with a private equity firm collapsed.
Jones’s difficulties came a day after rival shoe retailer Brantano fell into administration putting more than 1,000 jobs at risk. Both are owned by Alteri, a private equity investor.
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