All Insolvency & administration articles – Page 32
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NewsOddbins in administration following a thwarted CVA
Oddbins’ administrator Deloitte is in discussions with a handful of trade and private equity buyers to rescue the 89-store chain.
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NewsAlworths goes into administration
Alworths, the ‘son of Woolworths’ chain launched by a former Woolies director, has collapsed into administration, Retail Week has learned.
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NewsOddbins expected to file for administration on Monday
Wine retailer Oddbins is expected to go into administration on Monday after it was unable to proceed with a company voluntary arrangement.
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NewsOfficers Club in administration
The rising cost of raw materials has forced discount menswear chain Officers Club into administration, but young fashion chain Blue Inc has saved half of its stores.
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NewsOfficers Club on the brink of administration
Discount menswear chain Officers Club is understood to be on the brink of administration, with young fashion chain Blue Inc a frontrunner to snap up some of its stores.
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NewsOddbins applies for administration
Wine specialist Oddbins has applied to go into administration to protect the business from creditors’ claims, ahead of a crucial meeting this week to decide on its future.
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Regional electricals chain bought out of administration
Norfolk-based electrical retail chain Bennetts has been bought by Lowestoft-based Hughes Electrical after it collapsed into administration earlier this month.
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NewsHenleys retail arm in administration
Young fashion brand Henleys has shut its 18 stores blaming poor trading and difficult leases for its demise. Its wholesale business is unaffected.
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NewsJD Sports Fashion rescues Fenchurch from administration
JD Sports Fashion has rescued streetwear brand Fenchurch from administration, but all of its staff have been made redundant.
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Regional electricals retailer in administration
Norfolk-based electrical retail chain Bennetts has collapsed into administration.
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NewsFormer Principles boss Peter Davies rescues Ollie & Nic from administration
Vintage accessories brand Ollie & Nic has been rescued by Principles founder Peter Davies after it went into administration.
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NewsRetail administrations drop in final quarter of 2010
The number of retailers falling into administration in the last quarter of 2010 fell 39% year-on-year.
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NewsRestructing firm buys HPJ Jewellers out of administration
Two newly formed companies backed by restructuring firm Gordon Brothers has bought HPJ Jewellers out of pre-pack administration.
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NewsSuits You in administration
Speciality Retail Group, the company behind 66-store menswear chain Suits You, has been bought by restructuring specialists GA Europe and put in to administration.
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Grocer Stokes goes into administration
Family-owned independent grocer Stokes has gone into administration.
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NewsRetail administrations slow
The rate of businesses going into administration has slowed to levels not seen since before the economic downturn, with the retail sector showing the “most pronounced drop”.
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NewsConfetti bought out of administration
Online wedding retailer Confetti has been bought out of administration by a north-west entrepreneur George Buchan.
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NewsCustomers are left in the dark as Confetti goes into administration
The collapse of wedding specialist Confetti has sparked anger among customers who fear plans for their big days are in ruins.
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NewsConfetti placed into administration
Wedding specialist Confetti has been placed into administration less than a week after it was bougth from home shopping group Findel by The Hut Group.