Blue Inc news and archive

Menswear chain Blue Inc. falls into administration

The British menswear chain has fallen into administration for the second time in two years after failing to find a buyer. There were reportedly two parties interested in acquiring some of the chain’s branches and one potential buyer who could acquire its brand, according to sources quoted by the ‘Sunday Times’. Blue Inc. received over 2 million...

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Bentley retains registered UK trademark against Bentley Motor

UK apparel brand Bentley continues its legal battle against Bentley Motors Ltd, who seeks out to cancel the former brand's registered trademark in the UK. Bentley Motors latest attempt to pull the plug on Bentley's registered trademarks for apparel has fallen through once more, as the Intellectual Property Office maintained Bentley's 1962...

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Blue Inc gets the greenlight for CVA

London - Blue Inc has just been handed a lifeline as its Company Voluntary Agreement (CVA) has been approved by over 80 percent of its creditors. The CVA will let the fashion retailer reduce its rents, cut its debts and shut it underperforming stores without entering administration or seeking out a new owner. Gary Paul Shankland and Kirstie Jane...

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Blue Inc appeals to creditors after filing for CVA

London - Struggling menswear retailer Blue Inc is said to have filed for a company voluntary arrangement (CVA), asking landlords and creditors to reduce its store rents and minimize its debut as part of a rescue deal. The CVA filed shows that Blue Inc aims to shut 33 of its 127 stores as part of its rescue plan, reported The Telegraph, as the...

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Blue Inc calls administrators in for A.Levy & Sons and announces restructuring

Blue Inc, has filed a notice at the High Court to appoint Leonard Curtis as administrators to A.Levy & Son Limited, one of its subsidiaries. Additionally, the British retail group has announced its restructuring plans. The company has filed a notice at the High Court to appoint Leonard Curtis as administrators to A.Levy & Son Limited. Blue Inc....

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Blue Inc raises 4 million pounds to invest in ongoing expansion

Menswear fashion retailer Blue Inc has raised 4 million pounds in funding, which it aims to use to expand its market share online and push the growth of its international business as well as the wholesale development of its Twisted Soul brand. The retailer received backing from the Unicorn Venture Capital Trust, which raise the majority of the...