Clarke hopes jobs will be protected as Xtra-vision goes into receivership
South Down Alliance Party spokesperson Councillor Patrick Clarke has voiced his concern at home entertainments company Xtra-vision, which has stores across South Down, after it went into receivership.
Speaking to Newry Times, Clarke stated, “The recent news that Xtra-vision has gone into receivership will be very concerning for the staff who are currently employed by Xtra-vision across South Down.
“I very much hope that the receivers will work with the directors to ensure that Xtra-vision continues to trade as normal, with a view to selling the business as a going concern.
“I have been advised by the receivers that the majority of Xtra-vision stores are profitable and will be attractive to potential buyers once advertised seeking expressions of interest from third parties with a view to securing the early and successful disposal of Xtra-vision.
“The receivers have also stated that they will be working closely with management to assess the viability of each of the Xtra-vision stores.
Clarke added, “I very much hope that all of the stores within South Down can be sold as a going concern to ensure the safeguarding of jobs in the South Down stores.”
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