FRP called to Peter Werth and Pink Soda
Fashion retailer Brand Acquisitions appointed Jason Baker and Geoff Rowley as administrators
Fashion retailer Brand Acquisitions appointed Jason Baker and Geoff Rowley as administrators
In Partnership With
ADMINISTRATORS FROM FRP Advisory have been called to fashion retailer Brand Acquisitions.
Jason Baker (pictured) and Geoff Rowley, partners at FRP Advisory, were appointed joint administrators of the parent company to Springrealm, which owns menswear brand Peter Werth and womenswear marque Pink Soda.
Brand Acquisitions was created in 2007, funded by private equity partners, and acquired Peter Werth in 2007 and Pink Soda in 2009. The company employs about 70 people across the brands.
“Unfortunately, to reduce costs, we have had to make certain redundancies at the head office. However, it is our intention to trade the business as a going concern with a view to finding a buyer and securing the jobs of the remaining employees,” said Baker.
There were approximately 5 redundancies.
More about:
The numbers you crunch tell a story. Your expertis...
13yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThree new partners and seven business restructuring advisers have been appointed to the new Preston office Read More...
View articleJust Racing Services, operating company of the Manor Racing Formula One team has entered administration Read More...
View articleTeam Rock the publication of classic rock is in administration with FRP Advisory Read More...
View articleLifestyle Living UK is being marketed for sale by FRP Advisory administrators Read More...
View articleJoint administrators from FRP Advisory have been appointed as the administrators of Rivington Biscuits Read More...
View articlePixel Projects Limited (Pixel) has been sold by SFP, which has saved the positions of all 34 employees Read More...
View articleSteve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies Read Mo...
View articleBegbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restora...
View article