Internacionale news and archive

Internaçionale's IP sold in six-figure deal

Metis Partners, intellectual property specialist, confirmed the successful sale of value fashion chain InternaçionaleIP this week. “The sale process was very competitive and Metis has been successful in finding a buyer of considerable stature,” said Stephen Robertson from Metis Partners. Edinburgh Woollen Mill Group, owner of fashion retailer...

Design

Enthusiasm for Internacionale's IP assets leads to deadline extension

The amount of interest received from retailers who are looking to acquire Internaçionale'sintellectual property (IP) has led to the extension of the offer deadline. Due to the increased interest in fashion label's IP, which is being handled by specialist Metis Partners, the deadline has been extended from last Friday to this week Wednesday 4 pm,...

Design

91 redundancies made at Internaçionale after PwC appointed administrators

Bruce Cartwright, joint administrator of Internaçionale and partner at PricewaterhouseCoopers, revealed the closure of eight stores last Friday. "Since appointment, the administrators of Internaçionale have been assessing the viability of the company's store portfolio," said Cartwright in a company statement. "As a result of this ongoing review,...

Fashion

Internaçionale UK enters administration

Fashion retailer Internaçionale UK Limited has officially entered administration for the second time in less than nine months, putting 1,000 jobs at risk. This announcement follows ongoing speculation circulating that if a buyer was not found within weeks, all 89 stores across the country would be shut down, putting Internaçionale's 1,000 man...

Design

Internaçionale about to go into administration

Fashion retailer Internaiçonale UK is expected to appoint administrators this week after failing to turn the business around. Around 1,500 jobs are on the line as the fashion retailer prepares to appoint administrators this week, according to The Telegraph, which states that if a buyer isn’t found within weeks all 97 stores across the UK are...

Fashion

Internaçionale rescued by pre-pack deal

More than 1,500 jobs have been safeguarded at collapsed value fashion retailer Internaçionale after it was sold as part of a pre-pack deal by the administrators. The chain, which has 132 stores across England, Wales, Scotland, Northern Ireland and Isle of Man, fell into administration last week with Thomas Andrew Jack and Samuel James Woodward...

Design

Internaçionale said to call in administrators

Fashion retailer Internaçionale is reportedly set to call in administrators according to reports surfacing on Tuesday. As reported by ‘Property Week’, affordable fashion retailer Internaçionale has filed a notice of intention to appoint administrators on Tuesday. Internaçionale was previously rescued through a sale in 2008. According to the ‘...

Fashion

Internaçionale airs fashion-focused advert

Value fashion retailer Internaçionale is launching its very first TV advert this week to highlight its fashion-focused proposition, which includes frequent product drops and accessible price points. Created by award-winning advertising agency Quiet Storm, the advert has been designed to showcase the retailer’s affordable trend-led fashion, while...

Design

Internaçionale to open concept flagship

Fashion retailer Internaçionale is set to open a new concept flagship this weekend within the Meadowhall Shopping Centre in Sheffield. The store will be the first of the brand’s new innovative and contemporary concept stores created in conjunction with creative design agency Raylians, and will offer the latest fashion from its main line and...