Fashion retailer A-wear has appointed Kavanagh Fennell as receiver after it failed to exit examinership.

Latzur Limited, which trades as A-wear, has been in examinership since October 8 as it attempted to restructure its 31 Irish stores.

In a statement, receiver Ken Fennell said the business will continue to trade while it assesses the feasibility of some of the stores over the coming days.

He said it was ā€œinevitableā€ that some stores will close.

A-wear employs 358 staff. It blamed high rents and increased competition for its demise.

The retailer was bought by its current owners investment firm Jesta Group from receivers in 2012.