Job fears at crystal and china firm

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The latest failure came as the axe fell on 850 staff at failed childrenswear chain Adams after administrators announced the closure of 111 stores.

Manchester-based retailer Passion for Perfume also joined the list of high street casualties in administration after cutting nearly 200 jobs.

And former high street giant Woolworths will shut its doors for the final time on Tuesday with the closure of its remaining 200 stores in a collapse which is set to leave 27,000 staff out of work.

Administrators Deloitte are hunting for a buyer for Waterford Wedgwood, best known for Wedgwood pottery, Royal Doulton and Waterford crystal.

Waterford - which collapsed after talks over a possible sale to a US private equity firm failed and lenders withdrew support - will continue to trade as a going concern.

Chief executive David Sculley said he is "optimistic" a buyer can be found but question marks now hang over the future of its 1,900 UK retailing and manufacturing staff, including 600 at its manufacturing base in Barlaston, Stoke-on-Trent. The Irish arm has around 800 staff based in Waterford.

Adams administrator PricewaterhouseCoopers - appointed on New Year's Eve - said the 194 job losses were "inevitable" as stores were closed at locations including Glasgow, Leeds, Blackpool, Coventry, Bolton and Wigan.

The remaining 160 Adams stores will stay open while efforts are made to secure a sale. Adams continues to employ 2,350 staff, and PwC said it was "hopeful" of being able to sell some parts of the business.

Deloitte said Passion for Perfume made 185 store staff and nine at the Manchester head office redundant on New Year's Eve. The firm traded online and from 45 stores across the UK at locations including Aberdeen, Plymouth, Blackpool and Wigan.