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| Version 1 | Version 2 |
|---|---|
| D2 Jeans goes into administration | D2 Jeans goes into administration |
| (about 11 hours later) | |
| Store chain D2 Jeans has gone into administration, making 200 staff redundant and putting hundreds more jobs at risk. | Store chain D2 Jeans has gone into administration, making 200 staff redundant and putting hundreds more jobs at risk. |
| Administrators closed 19 stores and laid off the shop workers at the Ayrshire-based firm. | Administrators closed 19 stores and laid off the shop workers at the Ayrshire-based firm. |
| The remaining 28 stores are being run as a going concern while administrators seek a buyer. | The remaining 28 stores are being run as a going concern while administrators seek a buyer. |
| BDO LLP administrator James Stephen said "extremely difficult trading conditions" had hit the sector. | BDO LLP administrator James Stephen said "extremely difficult trading conditions" had hit the sector. |
| He added: "However, we are hopeful of securing a sale of all or part of the business and will continue to trade the business while this is explored." | He added: "However, we are hopeful of securing a sale of all or part of the business and will continue to trade the business while this is explored." |
| The company also has stores in England, Wales and Northern Ireland. | |
| It is the second time in two years that the chain, originally set up by Scottish entrepreneur Sir Tom Hunter, has gone into administration. | It is the second time in two years that the chain, originally set up by Scottish entrepreneur Sir Tom Hunter, has gone into administration. |
| Last time, management struck a deal to buy more than 40 of its stores out of administration. | Last time, management struck a deal to buy more than 40 of its stores out of administration. |
| But about 32 stores were not included in the rescue deal. | But about 32 stores were not included in the rescue deal. |
| A spokeswoman for BDO said she was unable to say which of the firm's stores had been closed by the latest administration. | A spokeswoman for BDO said she was unable to say which of the firm's stores had been closed by the latest administration. |