BUSINESS FAILURES
- Many Women Bankrupts
HUNDREDS IN A YEAR
An increase in the number of failures of women in business is shown in the British bankruptcy returns for. 1929 issued by the Board of Trade. The number of such failures was 502, ns compared with 484 in 1928. The trades in which the greatest number of failures among women occurred were: Milliners and dressmakers, 95; drapers, 54; grocers, 28; clothiers and outfitters, 27; and lodging-house keepers, IS. Commenting on the report, Mrs. Hosier, head of a London training college for women, said to a “Daily Mail” reporter :— • “In most cases failure is due to inexperience coupled with the general depression in trade. “The only way to enter business is to start at the bottom and work first in someone else’s shop so that working conditions can lie thoroughly learned.” Mr. A. 11. Williams, a director of Selfridge’s, expressed surprise when informed of tlie failures of women. “Our experience,’’ he said, “is that women are extremely successful in .business. They are just as level-headed,. just as capable, aiyl just as industrious as men mid can be put in almost any high position with absolute trust.” The. total of insolvencies during 1921) in England and Wales was 5900, a decrease on the previous year of 321.
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Bibliographic details
Dominion, Volume 24, Issue 110, 3 February 1931, Page 3
Word Count
214BUSINESS FAILURES Dominion, Volume 24, Issue 110, 3 February 1931, Page 3
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