Clothing and homeware chain Joy has joined a growing list of businesses to
fall into administration as the slowdown in global markets spreads in severity.
A report on
outlined details of the administration which was made official on Friday evening
when the trading company, Maureen O’Brien Limited, called in representatives
from David Rubin & Partners.
The firm said it is attempting to source a buyer to ‘preserve the maximum
number of jobs and to ensure the best possible realisations for the company’s
High-profile clients of the brand include Keira Knightley and Sienna Miller.
Distribution is run from 28 stores nationally with a headcount of 370 staff.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies