Administration news and archive

The Original Factory Shop closes UK stores

The Original Factory Shop (TFOS) has closed all of its UK stores after collapsing into administration. The company has confirmed the closure of its 137 stores and Bolton headquarters, marking the end of its 50 years in trading. Administrators from Interpath confirmed that the company would be winding down to the media earlier this month. The...

Member

Business

JOTT: commercial court approves Amoniss' bid, sets sights on relaunch

A commercial court has ruled in favour of Amoniss' proposal in the JOTT case. After being placed into administration, the Marseille commercial court has selected the offer from the Amoniss group to take over JOTT (Just Over The Top), a French brand of lightweight down jackets positioned in the accessible premium segment. The successful bid...

Member

Business

French Shoe brand Minelli enters administration again

Shoe brand Minelli has once again been placed into administration, two and a half years after a similar procedure led to the brand's acquisition, according to a court document seen by AFP, confirming a report by L'Informé. Minelli had been in a safeguarding procedure since September, which was converted into administration in March by a ruling...

Featured

Fashion

The 4 billion dollar shoe that fashion never wanted: the rise and fall of Allbirds

In 2016, a New Zealand football player-turned-entrepreneur and a biotech engineer launched a wool sneaker on Kickstarter. They hit their 30,000 dollars goal in five days, raised 119,000 dollars in total, and set in motion one of the most instructive brand stories of the decade. This week, Allbirds agreed to sell all of its intellectual property...

Member

Business

Jott administration: three candidates vie for ready-to-wear company

Marseille (France) - The Marseille commercial court on Friday reviewed bids from three candidates to take over the Marseille-based ready-to-wear company Jott, known for its colourful down jackets. These were selected from around 15 potential buyers who came forward in February. The court will announce its decision on April 13. The Jott brand...

Member

Business

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...

Member

Business

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...

FeaturedMember

Business

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,...

Member

Business

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...

FeaturedMember

Business

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...

Member

Business

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,...