Store drops concession

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FOLLOWING Debenhams’ decision to terminate a concession agreement, Jane Norman clothes will no longer be sold in the store, resulting in staff redundancies.

In May, following severe cash flow problems, Jane Norman called in administrators, which managed to sell some of its stores, including Bury St Edmunds’, and its concessions, to The Edinburgh Woollen Mill (EWM).

An EWM spokeswoman said: “Since we purchased the business we have done everything in our power to reach an agreement with Debenhams, but it is with deep regret that we have to advise that Debenhams took the decision to terminate the Jane Norman concession agreement. As a result, the administrators had no alternative but to make all Jane Norman concession staff redundant.”

She said the new Jane Norman management had ‘worked tirelessly to find a workable solution’ and were ‘devastated’ that a viable future could not be secured but, it would endeavour to offer employment to those made redundant.

“The concession agreement with Debenhams has been loss-making for Jane Norman and yet the agreement has been profitable for Debenhams. Jane Norman Ltd has not received any payments from Debenhams for monies owed,” she added.

Debenhams was unable to say whether any of its staff in Bury had been affected.