26 Sep 2008
A £100m Yorkshire textiles retailer has entered into administration.
The Rosebys group of 280 stores, which employs 2,000 staff and turns over £100m, appointed joint administrators from KPMG.
Difficult trading conditions has seen the business post losses and it has been unable to refinance, said joint administrator Howard Smith.
The business will trade as normal as a buyer is sought.
'No employees have been made redundant to date,' added Smith.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment
Rosebys Vouchers
hi Is there anyone able to give me any advice .I have £100 of vouchers and I,ve just found out that Rosebys have gone into liquidation.
How can I get the money back from the vouchers ????
Posted by: Doug, 04 Dec 2008 | 00:00