Administration news and archive

Northern indie Jules B reportedly acquired following administration filing

Jules B, a North East independent retailer, is believed to have found a potential buyer following an administration filing last week. According to local media outlet ChronicleLive, FRP Advisory was appointed to oversee the administration process and soon completed a sale of the business and its assets. The deal saves around 25 jobs. Jules B...

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Russell & Bromley losses amounted to 12.1 million pounds ahead of administration

A new report by the administrators of Russell & Bromley has detailed the extent of the footwear brand’s distress ahead of its descent into administration. According to the filing made with the UK’s Companies House, the brand’s EBITDA loss amounted to 12.1 million pounds in the 11 months to November 2025, widening from seven million pounds in the...

Retail

Administrators for Quiz confirm further discounting at stores

Interpath has confirmed further clearance discounting at Quiz stores one week after the fast fashion retailer entered administration. Alistair McAlinden, head of Interpath in Scotland and joint administrator for Quiz, said that while trading across the Quiz retail network has been positive since the advisory firm’s appointment, the company would...

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UK high street administration wave: The 5 retailers facing early 2026 setback

The UK high street has faced an early setback in the new year, with five major retailers already entering administration. Each company cited their respective collapses to rising business costs and cautious consumer spending. It comes despite more positive projections for the year ahead by industry analysts. According to a report by Knight Frank,...

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Fashion label Jott draws 15 takeover bids following bankruptcy filing

Around 15 potential buyers have submitted takeover bids for Jott, the Marseille-France based apparel brand famous for its colourful, lightweight puffer jackets. The company, whose name stands for "Just Over The Top," was placed into receivership by the Marseille Economic Affairs Tribunal in December. Despite its financial struggles, management...

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Quiz collapses into administration, over 100 jobs lost

British retail chain Quiz has officially entered administration. After a prolonged challenging period, and despite stronger than expected sales at times, the company has succumbed to several headwinds that made for testing trade conditions. Interpath’s Alistair McAlinden and Geoff Jacobs have been appointed joint administrators to Orion Retail...

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Claire’s and The Original Factory Shop enter administration proceedings

This week has been yet another rife in administration proceedings. Claire’s UK and Ireland operations have officially collapsed, as has discount retailer The Original Factory Shop (TFOS), collectively putting around over 2,180 jobs at risk. Both companies are owned by Modella Capital. Claire’s administration was confirmed to Sky News on Monday,...

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LK Bennett stores at risk of closure following acquisition out of administration by Gordon Brothers

The long-term outlook for LK Bennett’s store portfolio remains uncertain, following the premium womenswear acquisition out of administration by US investment firm Gordon Brothers on Wednesday, January 28. The new owners, who own Laura Ashley and Poundland, acquired the LK Bennett brand and its intellectual property (IP) assets just a day after...

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Okaïdi files for administration for its French operations

The IDKIDS group, owner of the childrenswear brand Okaïdi, announced on Tuesday that it is filing for administration for its French operations. The group employs 2,000 people in France. A hearing will take place in February before the Lille Métropole commercial court, IDKIDS told AFP. The filing concerns the brands Obaïbi (for ages 0 to 3), Okaï...

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SilkFred’s debts mount to 4.4 million pounds, sale anticipated "shortly"

A new filing has revealed that collapsed multibrand e-tailer SilkFred is said to owe an estimated 4.4 million pounds to unsecured creditors. A joint administrators document filed with the UK’s Companies House by Quantuma Advisory has shown the company, which fell into administration in October 2025, owes 463,597 pounds to brands that were...

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Thousands of customers left out of pocket following Huh administration

UK fashion retailer Huh entered administration in November after facing a prolonged period defined by widening losses and supply chain issues. Now, administrators say that nearly 5,000 customers are unlikely to receive either their orders or a refund. Documents filed with the UK’s Companies House show that Huh owes 162,319 pounds to 4,983...

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Claire’s and The Original Factory Shop due to enter administration

The parent company of Claire’s and The Original Factory Shop (TOFS) is preparing to enter the two retailers into administration. Private equity firm Modella Capital said the current climate was “extremely challenging” for high street retailers, particularly due to “an alarming drop-off in pre-Christmas footfall”. In a statement to The Guardian,...