A fashion brand is the latest victim of turmoil in the high street.
Republic has called in administrators Ernest & Young.
The chain has stores in Churchill Square, Brighton, and The Martlets in Crawley. Most of its stores are in the north of England, which has been hit hard by the recession KPMG was initially brought in to advise the company on shedding some of its stores. Andy Bond, the former chief executive of Asda, has stepped down as chairman.
The news comes in the wake of the failure of Jessops, HMV and Blockbuster.
See the latest news headlines from The Argus:
- Motorcyclist injured while trying to complete ice bucket challenge
- Man living in derelict pub: ‘I want to be king of the squatters’
- City is beacon of economic dynamism
- I had to move home because of Tourette’s
- Gatwick in two-horse race for expansion after Boris Island ruled out