Kingston Smith liquidator called to Fox & Co
Ian Defty appointed liquidator to fine-leather goods retailer in London
A KINGSTON SMITH LIQUIDATOR has been called to upmarket menswear retailer Fox & Co.
Ian Defty, partner at Kingston Smith, has been appointed to the fine-leather goods retailer.
“Unfortunately, it is a sign of the times that well established, independent retailers are suffering due to the downturn in the retail market and competition with chain stores, which themselves are struggling.
“Sadly, Fox is not the first and certainly will not be the last independent store to be closing,” he said.
The company has attributed the internet and cheaper foreign goods to its demise.
Fox & Co was incorporated in 1868, when it manufactured the well-known Fox & Co umbrellas.