The fashion retailer Select is set to collapse into administration on Wednesday, putting 2,000 jobs at risk.
The loss-making fashion chain, which has 180 stores, has been struggling for several years and its expected failure comes just a year after it resorted to a company voluntary arrangement, a form of insolvency, to cut its rent bill in order to stay in business.
Quantuma, the advisory firm, will oversee the administration, which was signalled six weeks ago when the company lodged a notice of intention to appoint an administrator, a court document that prevents creditors from calling in debts for 10 working days.
