OXFORD: Fashion chain Bay Trading, which has a branch in the Clarendon Centre, Oxford, is poised to go into administration, putting about 1,000 jobs in 268 branches at risk. Bay Trading's parent company Alexon said the shops would continue trading with a view to finding a buyer and stressed that its other brands such as Kaliko, which has a branch in High Street, would be unaffected by the administration. The decision was taken after credit insurance was withdrawn following the release of results on Wednesday.
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