Bag Shop goes into liquidation

The Bag Shop, a nationwide chain of 35 luggage and bag stores, has become the latest high-street casualty of the economic downturn.

Ian Kehoe - avatar

Ian Kehoe

6th June, 2009

The Bag Shop, a nationwide chain of 35 luggage and bag stores, has become the latest high-street casualty of the economic downturn.

The chain went into provisional liquidation late last week after running out of cash. The retailer owes significant sums to the Revenue Commissioners and its trade creditors.

Derek Earl, a corporate recovery partner with Grant Thornton in Dublin, has been installed as provisional liquidator to Form view, the holding company behind the Bag Shop...

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