Administrators
This coverage explores the pivotal role of administrators in the UK retail landscape — from corporate restructuring and insolvency proceedings to business recovery and turnaround strategies. Retail Sector reports on high-profile administrations, creditor processes, and store closures affecting major retail brands, high streets, and shopping centres. Coverage also includes expert analysis of the financial, operational, and legal factors that lead to administration, as well as insights into how these events reshape competition, employment, and supply chains across the sector. Our editorial provides professionals with the context and intelligence needed to navigate financial distress and transformation within the retail market.
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Dec- 2022 -2 DecemberAnalysis
A ‘fall from grace’: what went wrong with Made.com
Made.com was once a force to be reckoned with in the retail landscape. Having launched 12 years ago, the group had since enjoyed a rise to dizzying new heights. The company used sleek marketing to tap into its millennial customer base, and became one of the most popular destinations for…
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Nov- 2022 -24 NovemberOnline & Digital
Made.com to repay 2% of £187m owed at time of collapse
Made.com collapsed into administration owing a total of £186.6m to unsecured creditors and is set to repay less than 2% of this, according to new documents from its administrators. In its latest filings with Companies House, PwC said it only expects to pay out 1.6p in the pound to creditors…
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23 NovemberHigh Street
Joules makes senior director redundancies following administration
Joules has reportedly made a series of redundancies across its senior positions, a week after the announcement that the group had fallen into administration. According to Retail Week, the retailer‘s channels director Rimal Patel and brand and creative director Chloe Ward have both left the business, while CFO officer Caroline…
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22 NovemberClothing & Shoes
Crew clothing eyes Joules takeover
Crew Clothing’s owner and majority shareholder is reportedly considering acquiring embattled retailer Joules out of administration, according to Drapers. The outlet has revealed that the Brigadier Acquisition Company, which is owned by Menoshi Shina, is in talks with administrators Interpath Advisory about a potential rescue deal that could see a…
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17 NovemberClothing & Shoes
Joules collapses into administration
Joules has officially appointed administrators and is set to be wound up after talks with potential investors collapsed, with up to 1,600 jobs at risk. Will Wright, Ryan Grant and Chris Pole from Interpath Advisory have been appointed joint administrators of Joules Group plc and Joules Limited. At the same…
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14 NovemberClothing & Shoes
Joules to fall into administration, 1,600 jobs at risk
Joules is set to appoint administrators after talks with potential investors collapsed, with up to 1,600 jobs now at risk. Earlier this month, the company announced it was in advanced discussions with a number of strategic investors regarding financing options for the group. It spoke with a number of strategic…
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9 NovemberOnline & Digital
Next snaps up Made.com brand following collapse
Next has acquired the Made.com brand for £3.4m following the furniture retailer’s collapse into administration, which may see the loss of up to 500 jobs. It comes as MDL, Made’s operating subsidiary, appointed Zelf Hussain, Peter David Dickens and Rachael Maria Wilkinson of PwC as administrators of the group. Following…
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7 NovemberHigh Street
Made.com expected to fall into administration this week
Made.com is reportedly expected to enter administration early this week (7 November) after failing to find a buyer. According to reports it is thought that fashion retailer Next is the current frontrunner to acquire the Made brand name, with PwC set to oversee the sale of its intellectual property. The…
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1 NovemberNews
Made.com nears administration as shares suspended
Made.com has announced its shares have been suspended from trading on the London Stock Exchange this morning (1 November) as the retailer announced its intention to enter into administration after failing to secure a buyer for the group. Its operating subsidiary, Made.com Design Ltd (MDL), has appointed Zelf Hussain, Peter…
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Oct- 2022 -17 OctoberOnline & Digital
Eve Sleep calls in administrators as it abandons sale process
Mattress company Eve Sleep has reportedly appointed New York-based Kroll Advisory as its administrator after abandoning its efforts to secure a buyer. The business is said to have tried restructuring and reducing its cost base, but “lacked” the scale to continue as an independent business. The news comes as the…
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