Bag shop closes with 135 jobs lost

ALL 34 stores in The Bag Shop chain have ceased trading with the loss of 135 jobs after the company went into liquidation.

Derek Earl, a corporate recovery partner with Grant Thornton in Dublin, was appointed as liquidator to Formview, the holding company behind The Bag Shop chain.

All of the company’s 35 outlets stopped trading a month ago but when Mr Earl was appointed as the provisional liquidator he reopened seven of the stores, including outlets in Galway, Dublin, Carlow, Athlone and Limerick.