Liquidation news and archive

Ireland’s Born Clothing shutters after 16 years, 15 stores to close

Born Clothing, an Irish retail chain, is set to shutter 15 stores after provisional liquidators were appointed to oversee the closure of the business. According to Irish broadcaster RTE, the High Court made the appointment after a hearing in which the retailer’s struggles with mounting debt, pandemic impact, minimum wage increases, and high...

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Heritage hatmaker Christy & Co. falls into liquidation

Christy & Co., the parent company of heritage hatmaker Christys, has been placed into voluntary liquidation and is winding down after 253 years in business. According to filings with Companies House, insolvency specialists Yiannis Koumettou and Amie Helen Johnson of BTF Begbies Traynoy LLP have been appointed to oversee the process. Documents...

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Francesca’s: The journey to a second bankruptcy for the US mall-based retail chain

US retail chain Francesca’s has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of New Jersey. The news comes after media reports speculated that the company was already in the process of liquidating its inventory and was planning to close stores. At the time, it was suggested that Francesca’s was also...

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Jennyfer in liquidation: a story of many twists and turns

After several revival projects, the story of the French fashion brand Jennyfer that began in 1984, is coming to an end. Jennyfer which has 300 stores, both in France and internationally, was placed in liquidation on April 30, 2025. Jennyfer, continuation plan failed For young teenagers in the early 2000s, Jennyfer boutiques, like Pimkie, were...

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UK arm of People Tree falls into liquidation, owes 8.5 million pounds

The UK business of ethical fashion brand People Tree is believed to have fallen into liquidation after accumulating debts of over 8.5 million pounds in light of deteriorating trading conditions. It is understood that the company’s creditors have received warnings that it could not meet the debts, with a meeting now expected to be held September...

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Julien Macdonald’s brand falls into liquidation

The eponymous brand of Welsh designer Julien Macdonald has become another victim of the current economic climate, having fallen into liquidation as a result of turbulent market conditions. The news had been confirmed by FTS Recovery, which told WWD that Alan Coleman and Marco Piacquadio had been appointed as joint liquidators to the luxury...

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Camaieu's liquidation leaves employees in shock

"I hope you will be punished": when the commercial court of Lille announced the liquidation of Camaieu, its employees took Michel Ohayon, the Bordeaux businessman who had taken over the ready-to-wear chain and its 2,600 employees, to work. "We fought for this company! I'm as appalled as you are", the businessman, who heads the Financière...

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New Look France goes into liquidation

The French arm of UK retailer New Look has gone into liquidation after failing to find a credible buyer. A Paris trade court made the decision on 26 June following a request from administrators of the company’s French arm. New Look has 30 stores in France and around 400 employees with a turnover of around 50 million euros. In November, New Look’...