| 18.1°C Dublin

RETAIL

IRISH staff working at the shoe shop chain Carl Scarpa are fearing for their jobs after an examiner was appointed to the companies that run the business.

The chain has 21 outlets across the UK and Ireland and employs more than 80 full-time and part-time staff.

Tom Kavanagh, from the Kavanagh Kennell firm, was appointed as the examiner of CS Calzature and Carl Scarpa (Grafton Street) yesterday. The brand has existed for nearly 40 years but it now faces an uncertain future.

The examinership was entered into on a voluntary basis with company bosses hoping to agree terms with its creditors.

Among the issues on the agenda are the rents charged at Carl Scarpa shop locations and securing new investment.

The company has also indicated that protecting and sustaining employment is a key priority.

Independent accountants Hughes Blake have already reported that creditors of the brand would be substantially better off under the restructuring plan than if the companies were to cease trading.


Privacy