companies gone into liquidation 2020

Here is a closer look at the major retail bankruptcies of 2020 so far. The retailer is to close all of its UK stores and around 600 workers will lose their jobs after the firm said it was going online-only in a bid to save the 120-year-old brand. It should be noted that a company “failing” or closing down is not the same thing as one going … The business employed around 199 members of staff, the majority of whom were placed on furlough before the administrators were appointed. This year started off with the parent of fine paper specialist Papyrus quietly going into liquidation before filing for bankruptcy, with home decor staple Pier 1 not far behind with its own, more uncertain, filing. "We are in advanced discussions with a number of parties and working hard to secure a future for both businesses.". The running list of 2020 retail bankruptcies Furniture Factory Outlet and Guitar Center both filed for bankruptcy in November, citing the impact … The two companies were put into administration after a two-week deadline to find a buyer passed. GRAYSON ENGINEERING LIMITED (in liquidation) 2020-al5666 Preview. However, the owner of Cath Kidston has secured a deal to buy back the brand and its online operations, but this does not include bricks-and-mortar shops. ... operator of concessions in Debenhams stores and went into administration on November 30, 2020. The original owner of the company, Kip Bertram, sold off the business in 1999. The sportswear and gym retailer, owned by Dave Whelan, fell into administration in August, putting, 1,700 jobs put at risk. However, the company was snapped up by homeware brand Olivia’s - part of the Moot Group - for an undisclosed sum, according to Insider.co.uk. And we'll send out breaking news alerts for any stories we think you can't miss. The bakery chain was sold out of administration in a pre-pack deal in mid-June. The EWM Group, which also owns the Peacocks and Jaeger brands, filed a notice of intention to appoint administrators in October. It said the move would "preserve as many jobs as possible" at Go Outdoors, which sells waterproof clothing, bikes and camping products. The value clothing retailer, previously called Mackays, went into administrators and was bought by its previous owners as part of a pre-pack deal to save the business, according to the CRR. Ascena Retail Group filed for Chapter 11 bankruptcy in July and … The retailer has stores in Windsor, Newbury, Staines, Teddington, East Sheen, New Malden, Twickenham, Walton-on-Thames, Northwood, Richmond, Beaconsfield and Farnham. Non-essential shops in England reopened on December 2 after weeks of being closed under national restrictions. The chain of hearing and mobility stores reportedly called in Grant Thornton as administrators in January. 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