The company which owns the Sasha chain of clothes stores has gone into liquidation. Sasha has 42 outlets and employs around 300 people.
A statement from the company said the High Court had approved the appointment of David Carson of Deloitte as liquidator to the parent company, Denholme.
Mr Carson was appointed as examiner by the High Court in December, but the company said there had been a 'marked deterioration' in trading conditions since then and there was no longer a reasonable prospect of survival for the company. It said it had informed staff representatives this afternoon.
