Clothing chain closes all stores after bankruptcy

Thus, the 302 employees of the company are unemployed, writes Nettavisen.

"We do not have a solution to find, so it means the shops are closing and the employees are losing their jobs at Pm," said Håvard Wiker, director of Pm.

In Telemark, Pm has shops in Herkules in Skien and in Porsgrunn town center.

PM was found bankrupt in early October, after losing a lot of money in recent years. The clothing chain, which targets well-developed women, has recorded a total NOK 73 million deficit over the last three years.