Hilco news and archive

Superdry investor Hilco said to be eyeing Claire’s takeover

Hilco Capital, an investor in Superdry and the former owner of Cath Kidston, is believed to be among the initial bidders eyeing a takeover of struggling accessories chain Claire’s. According to Sky News, the investment firm is specifically eyeing the retailer’s UK arm, which reportedly appointed advisors from Interpath Advisory last week to...

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Management

Superdry secures 25 million pounds from Hilco

Fashion retailer Superdry has secured a secondary lending facility of 25 million pounds from retail financing specialists Hilco Capital to help accelerate the implementation of its turnaround plan and cost reduction programme. The facility with Hilco, which has provided loan facilities to large retailers, over the past 24 months, including...

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Business

Hilco said to be exploring Cath Kidston sale options

Hilco Capital is reportedly mulling a sale of Cath Kidston, the lifestyle retailer it purchased just eight months ago. The company is said to be exploring a number of options after being approached by several interested parties. The move was initially reported by Sky News, which said sources had also noted Hilco was lining up...

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Business

Hilco advising on Ralph & Russo sale

Hilco Streamback LLC, an advisory firm, will help market the sale of British luxury label Ralph & Russo, which went into administration this week as a result of a sales decline due to the COVID-19 pandemic. Hilco will draw up a list of prospective buyers for the brand, which is famous for being the first British brand in almost a century to...

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Report

BHS Timeline: 1 pounds sale to administration to liquidation

London - The UK high street was handed a shocking blow on Thursday, when news broke that administrators Duff & Phelps had been unable to find a suitable buyer to save collapsed department store chain British Home Stores (BHS). A former staple store on the high streets, BHS entered into administration 5 weeks ago. Administrators fought to find a...