Arrogant Cat goes into administration

Arrogant Cat, the clothing line launched in 2001, has put its

three London based stores up for sale as the company’s retail arm has fallen into administration.

A favourite of A-list celebrities such as Katie Price, Mischa Barton and Lindsay Lohan, the niche business has hit cash flow problems following the recession and a dip in trade, however the wholesale operation will continue to run as normal irrespective of the administration issue.

Jason Baker from FRP Advisory is handling the administration – they hope to find a sale imminently – he says, “There are currently no plans for redundancies and the business will continue to operate as normal. It is a strong brand, has a loyal clientele and excellent trading locations; we are very hopeful of selling the business as a going-concern.”