Adams store closures likely, say administrators
Administrators for childrenswear chain Adams have warned that store closures were likely following the collapse of the business earlier this week.
PricewaterhouseCoopers (PwC) will make a further announcement early next week, but in the current retail environment it said some shop closures were expected as a result of its appointment. Adams operates 271 own-brand stores and concessions throughout the UK trading under the name Adams Kids. It employs 3,200 people, with 350 staff based at its head office in Nuneaton, Warwickshire.
Administrators have not been appointed to an associated company, Mini Mode Childrenswear, that has a joint venture agreement with Boots to supply clothing under the Mini Mode brand.