Tie rack how many stores

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The chain, which epitomised Eighties entrepreneurialism, grew to stores globally at its height in , but now has just The UK stores are all expected to close on 27 December with the potential loss of jobs.

The company grew rapidly, flourishing in airports, train stations and high streets across the world. Its brightly coloured displays became associated with a new breed of niche retailer riding the wave of a resurgent consumer economy. The listing was 84 times oversubscribed. Prime minister Margaret Thatcher's privatisation drive during which many state-owned industries were sold to the general public and the deregulation of the share dealing industry in , known as Big Bang, had whetted the public's appetite for shares in rapidly-growing companies.