Administrators sell zavvi brand and website
Zavvi brand and website sold to Guernsey subsidiary of The Hut Group
Zavvi brand and website sold to Guernsey subsidiary of The Hut Group
The zavvi brand and website have been sold to online entertainment retailer
The Hut Group.
Administrators for zavvi UK and liquidators for zavvi Guernsey, from Ernst
& Young, agreed the deal.
‘This will further increase total realisations for unsecured creditors in
some of the zavvi Group companies,’ said joint administrator Tom Jack.
Further reading:
295 jobs lost as 15 zavvi stores
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Zavvi appoints Ernst & Young
administrators
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