Up to 70 Shanton Fashions staff to lose their jobs in restructure prior to sale

Wed, 25 Feb 2015

By Fiona Rotherham Feb. 26 (BusinessDesk) - Up to 70 staff, just under half of those working for Shanton Fashions, are losing their jobs as 17 stores close under a restructuring process before the financially-troubled clothing company is sold by the voluntary administrator. Of the 37 stores nationwide, those due to close are Eastgate, Northlands, Whakatane, Masterton, The Base, Palmerston North, Feilding, Thames, Gisborne, Napier, Nelson, Westgate, Fraser Cove, Sylvia Park, Botany, Manukau Supa and Albany. Som e 206 creditors of the w...

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