Administration news and archive

Quiz administrators confirm phased store closures as three locations shutter

Administrators for Quiz have confirmed further details of a phased closure plan for the company’s retail network, with all stores now expected to shutter by the end of June 2026. Locations in Castlecourt, Leeds and Romford have already closed, while the remaining 37 sites remain in operation. Interpath, who was appointed to oversee the process...

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Less administration, more deals: How FIRE relieves key account managers

Key account managers are responsible for revenue. They build strategic relationships. Negotiate pricing. Present collections. Secure preorder commitments. Activate reorder. Develop long-term accounts. Yet in many wholesale organisations, they spend more time administrating than selling. They reconcile spreadsheets. Verify pricing manually....

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Shoe brand Minelli announces permanent closure on May 30

Paris (France) - Shoe brand Minelli, which employs 86 people, announced on Wednesday its permanent closure after May 30. The company was placed into administration in March for the second time in three years. Its stores will remain open until the closing date. “It is with a heavy heart that we announce Minelli is permanently closing its doors,”...

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Minelli receives half a dozen mostly partial takeover bids

Paris (France) - The administration of footwear brand Minelli has resulted in half a dozen mostly partial takeover bids. These offers often include a few stores or just the brand name without its employees. This was confirmed by the Paris Commercial Court's website, following a report from French digital media outlet l'Informé. Potential buyers...

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Quiz stores to remain open in May as review continues

Administrators for Quiz have confirmed that the retailer’s stores will remain open through the month of May as efforts to wind down stock continue. Interpath, which was appointed to oversee Quiz’s proceedings earlier this year, is continuing to review the trading situation as well as the supply of new stock from distribution centres to stores....

Retail

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...

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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...

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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...

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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...

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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...

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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...