Page last updated at 10:12 GMT, Thursday, 31 December 2009

Scottish jeans chain d2 enters administration

Sir Tom Hunter
Sir Tom Hunter was involved in the setting up of the company

The d2 jeans retailer has gone into administration with hundreds of jobs at risk, after being hit by the recession.

A total of 22 people have been made redundant at the company's headquarters in Dundonald, Ayrshire.

And two of the company's three stores in Dublin have been closed, with the loss of 39 jobs.

Administrators BDO said they hoped to sell all or part of the chain, which has 76 stores in the UK and employs about 800 people.

The remaining d2 outlets will be kept open in the meantime.

Website closed

James Stephen, of BDO, said: "It is unfortunate the economic climate and difficult trading conditions have significantly affected the retail sector.

"We are continuing to trade the business and hope to sell all or part of the company as a going concern."

The clothing and footwear chain, which has 23 stores in Scotland, has become the first post-Christmas retail casualty.

The d2 company was set up a decade ago by a group including Scottish entrepreneur Sir Tom Hunter, who later sold his stake.

Meanwhile, the chain's website, which has been effectively shut down, carried the message: "d2 is now temporarily offline, sorry for any inconvenience."

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