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Tag: administrators

Administrators appointed to intu properties plc

Jim Tucker, David Pike and Mike Pink from KPMG’s Restructuring practice have been appointed joint administrators to intu properties plc, in addition to eight Topco subsidiaries. intu properties plc owns and operates 17 shopping centres across the UK including intu Trafford Centre, intu Lakeside, intu Merry Hill and intu MetroCentre, in addition to a shopping …

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Debenhams appoints administrators again – exactly a year on from last time

Debenhams has today appointed administrators, having given notice of its intent to do earlier this week. The move comes a year to the day after it last went into administration.   Geoff Rowley and Alastair Massey of FRP Advisory have been appointed to oversee the administration of the UK business. Its 11 Republic of Ireland …

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Debenhams appoints administrators and liquidates Irish chain | Business

Debenhams has fallen into administration, casting fresh doubt over the future of the struggling chain, which has also said it will not reopen its Irish stores, resulting in 1,400 job losses. The company, which has around 20,000 employees and 142 stores, confirmed the appointment of restructuring firm FRP Advisory as administrators and said its first …

Debenhams appoints administrators and liquidates Irish chain | BusinessRead More

Debenhams to appoint administrators for second time in a year | Business

Debenhams has confirmed it intends to appoint administrators for the second time in a year as it tries to protect its assets from creditors during the coronavirus lockdown. The struggling department store chain said the process would provide it with protection from the threat of legal action “that could have the effect of pushing the …

Debenhams to appoint administrators for second time in a year | BusinessRead More

Cath Kidston to call in administrators amid coronavirus lockdown | Business

Cath Kidston is preparing to call in administrators, putting more than 900 jobs at risk, as the vintage-inspired chain battles for survival during the coronavirus lockdown. The business, which has 60 stores in the UK and a further 180 overseas, has filed a notice of intention to appoint administrators, a legal process which protects the …

Cath Kidston to call in administrators amid coronavirus lockdown | BusinessRead More

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | Business

Mothercare is to appoint administrators to its UK high street chain, putting 2,500 jobs at risk. The baby and maternity retailer said it had become clear its 79-shop UK chain, which lost £36.3m last year, would not return to profitability and that it had failed to find a buyer for the business. The shops will …

Mothercare to appoint administrators for UK chain, putting 2,500 jobs at risk | BusinessRead More

Fashion chain Bonmarché calls in administrators | Business

The fashion chain Bonmarché has called in administrators, putting nearly 3,000 jobs at risk. The Wakefield-based retailer, which sells fashion for women over 50 and has 318 shops, said it had got into difficulties after a “sustained period of challenging trading conditions and cashflow pressure”. Administrators said they would continue to trade Bonmarché while assessing …

Fashion chain Bonmarché calls in administrators | BusinessRead More