Jewellery firm in administration

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The company which owns jewellery brands Symington's and Red Contemporary has gone into administration.

Directors of Martin Groundland cited difficult trading conditions and unsuccessful attempts to restructure and refinance the business.

The Glasgow-based firm employs 91 people in 13 shops in Scotland, the north of England and Northern Ireland.

Administrator KPMG said 78 staff would be retained. The shops will continue to trade while a buyer is sought.