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Daily Mirror
Daily Mirror
Business
Sam Barker

Retail giant Studio enters administration - putting orders and 1,400 jobs at risk

Studio Teneo

Online retail giant Studio has reportedly fallen into administration, with 1,400 jobs at risk.

The firm appointed administrators Teneo after failing to secure a £25million rescue loan, The Times newspaper reports.

Studio sells a wide range of products, from clothes to toys to electrical goods.

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