THE CORPORATE recovery arm of top 20 accountancy firm Kingston Smith has been appointed as the administrator of Shoon, the family-owned retailer.
Ian Robert, insolvency partner at Kingston Smith & Partners, has been named as the administrator.
The administrator is trading the company while actively seeking a buyer for the business as a going concern and most stores are continuing to operate as usual.
“Given its sound reputation and dedicated management team, we have already received a number of expressions of interest in Shoon and we are confident that a purchaser can be found,” said Robert.
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