Jeweller Clive Ranger goes into administration
HIGH street jeweller Clive Ranger has become the latest casualty of the high street and gone into administration.
A buyer is being sought for the Cardiff-headquartered company which specialises in diamond rings and has stores in Cardiff, Swansea, Bath and Bristol.
It employs 34 staff and all stores are continuing to trade while a buyer is sought.
Richard Hawes of Deloitte has been appointed administrator of the company and said: "Clive Ranger Ltd is a well-known brand throughout the South West and South Wales, but has faced a downturn in trading as a result of the current difficult economic trading conditions.
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"The four stores will continue to trade as usual while we seek a buyer for the business."
Clive Ranger opened its Cardiff store in 1977 with its Swansea branch following in 1982.
Its Bath shop opened in 1992 and it opened a fourth store in Bristol in 1995.