The Vienna -based clothing provider Jones Fashion brings up. On Friday, the company announced that it will close its branches in the coming summer and hire business operations.
The women’s fashion specialist currently operates 30 stores on its own. In addition, ten shops and four shop-in-shop areas of the brand of franchise partners are run.
In view of the upcoming end, the sales of the current collections and stocks should begin in mid -April. The company headquarters in Vienna and the online shop would be closed until summer and also dissolved the existing franchise contracts, the company said.
Some locations from Jones are taken over by competitors
After all, the future of some own locations seems to be secured. “In the coming months, existing Jones stores will be taken over by three international brands,” says a message. This could “secure up to 80 jobs in retail”. According to media reports, the clothing providers More & More, Liberty Fashion and sample rooms, acquired selected shops.
Gabor Rose, the company’s owner and managing director of the company, explained the causes of the family business founded at the end of the family business founded at the end of 1972. “After 53 fulfilled and eventful years full of unforgettable moments, we say goodbye to our label Jones from the fashion world,” he said in a statement. “In view of the changed consumer habits and the powerful cost increases, we have not managed to develop a sustainable solution for the future of Jones despite intensive savings measures.” Therefore, the company, which had to file for bankruptcy in 2019 and 2023, had decided “with a heavy heart” to draw a final line.