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Birmingham Post

Business

Jon Robinson

INSANE: Studio retail group enters administration putting 1 400 jobs at risk - The Real Truth

Studio Retail Group Studio London Stock Exchange Teneo

In the region of 1,400 jobs are at risk after Studio Retail Group formally entered administration, it has been confirmed.

The Lancashire-headquartered online trader has appointed Teneo to lead the process.

The move comes after the group, whose largest shareholder is Mike Ashley's Frasers Group, issued a statement on Monday, February 14, that it was set to call in the administrators.

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