Hawick Knitwear goes into administration

Hawick Knitwear has been placed into administration by the company's director.

The administrators have taken the decision to make 123 employees redundant while retaining 56 staff members.

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Hawick Knitwear: employees talking to administrators

Hawick Knitwear has stopped trading. Credit: ITV Border

The Provost of Hawick has told ITV Border that employees of Hawick Knitwear are currently in talks with administrators KPMG, about the future of the company.

Stuart Marshall - himself a former employee of Hawick Knitwear - says he's working with local politicians from all parties:

It's a devastating start to 2016 for the people of Hawick.

Hawick Knitwear is filled with the most hardworking people you could ever hope to find.

It's a major blow for a town that has already suffered many setbacks in the industry over the years.

I will now be working with local politicians who are all united in the fight to save the future of this company."

– Cllr Stuart Marshall, Provost of Hawick

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