Retailer Best Menswear has gone into examinership. The men’s clothing and accessories retailer have faced turbulent times over the last few years. Bets Menswear had been a concession holder in the now closed Clery’s store.
A pop up store was introduced to Parnell Street earlier this month and acted as a means of clearing available stock. An examiner form PWC has been appointed to the business and will assist in the restructuring of the company to ensure financial viability.
Managing Director of Best Menswear David Jones said the following ‘’ While trading is slowly improving, the biggest challenge remains unsustainably high rents and upward only rent reviews, which are a significant burden on our business’’.
Best Menswear currently has 13 stores across the country.