Quantuma news and archive

Jobs saved, factory reopened: Inside the cross-border deal that saved La Perla

Italian luxury brand La Perla is settling into its new ownership structure following a lengthy sale proceedings coordinated between UK and Italian officials, utilising a landmark cross-border insolvency protocol. With this, the lingerie brand’s joint liquidators Andrew Watling and Duncan Beat, managing directors of advisory firm Quantuma, have...

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Business

Baaj Capital acquires Leading Labels

Multi-brand fashion retail chain Leading Labels has been acquired by turnaround specialist Baaj Capital. Leading Labels, established nearly 30 years ago, appointed business advisory firm Quantuma to “effect a swift exit”. The process included priming the business for sale and finding a suitable acquirer, which was achieved in just over four...

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Business

Womenswear retailer Select launches CVA

Administrators for budget British fashion retailer Select have launched a company voluntary arrangement (CVA) in a bid to turnaround the struggling womenswear chain. Business advisory firm Quantuma were called in to rescue Genus UK Ltd, which trades as ‘Select’, after it fell into administration in May following a period of poor sales. The CVA...

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Business

Select falls into administration

Budget British fashion retailer Select has fallen into administration, putting 1,800 jobs at risk if a sale of the business is not agreed. Andrew Andronikou, Brian Burke and Carl Jackson of business advisory firm Quantuma were appointed as administrators of Genus UK Ltd, trading as Select, on 10 May. Quantuma said that due to “prevailing high...