Liquidation news and archive

Heritage hatmaker Christy & Co. falls into liquidation

Christy & Co., the parent company of heritage hatmaker Christys, has been placed into voluntary liquidation and is winding down after 253 years in business. According to filings with Companies House, insolvency specialists Yiannis Koumettou and Amie Helen Johnson of BTF Begbies Traynoy LLP have been appointed to oversee the process. Documents...

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Business

Francesca’s: The journey to a second bankruptcy for the mall-based retail chain

US retail chain Francesca’s has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of New Jersey. The news comes after media reports speculated that the company was already in the process of liquidating its inventory and was planning to close stores. At the time, it was suggested that Francesca’s was also...

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Business

Womenswear retailer Francesca’s begins liquidation process

US womenswear retailer Francesca’s is believed to have begun closing its stores after sources suggested it had launched a liquidation process last week. A bankruptcy filing is also anticipated. According to WWD, when contacted for a comment, a customer service representative told the media outlet that “we are liquidating our inventory and...

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Business

Kate Moss’s wellness label Cosmoss collapses, underscoring the volatility of celebrity ventures

Cosmoss, the premium skincare and wellness label founded by supermodel Kate Moss in 2022, has entered creditors’ voluntary liquidation barely two years after launch, according to filings at Companies House. Filed documents show liquidators were appointed at the end of June and a winding-up resolution was passed on 25 June. The business disclosed...

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Business

Jennyfer in liquidation: a story of many twists and turns

After several revival projects, the story of the French fashion brand Jennyfer that began in 1984, is coming to an end. Jennyfer which has 300 stores, both in France and internationally, was placed in liquidation on April 30, 2025. Jennyfer, continuation plan failed For young teenagers in the early 2000s, Jennyfer boutiques, like Pimkie, were...

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Management

UK arm of People Tree falls into liquidation, owes 8.5 million pounds

The UK business of ethical fashion brand People Tree is believed to have fallen into liquidation after accumulating debts of over 8.5 million pounds in light of deteriorating trading conditions. It is understood that the company’s creditors have received warnings that it could not meet the debts, with a meeting now expected to be held September...

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Management

Julien Macdonald’s brand falls into liquidation

The eponymous brand of Welsh designer Julien Macdonald has become another victim of the current economic climate, having fallen into liquidation as a result of turbulent market conditions. The news had been confirmed by FTS Recovery, which told WWD that Alan Coleman and Marco Piacquadio had been appointed as joint liquidators to the luxury...

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Business

Camaieu's liquidation leaves employees in shock

"I hope you will be punished": when the commercial court of Lille announced the liquidation of Camaieu, its employees took Michel Ohayon, the Bordeaux businessman who had taken over the ready-to-wear chain and its 2,600 employees, to work. "We fought for this company! I'm as appalled as you are", the businessman, who heads the Financière...

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Report

New Look France goes into liquidation

The French arm of UK retailer New Look has gone into liquidation after failing to find a credible buyer. A Paris trade court made the decision on 26 June following a request from administrators of the company’s French arm. New Look has 30 stores in France and around 400 employees with a turnover of around 50 million euros. In November, New Look’...

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Report

Sibling confirms voluntary liquidation

London - Sibling, the London-based fashion label, has confirmed it is set to wind down its business after entering voluntary liquidation. The confirmation comes a week after reports concerning the knitwear and daywear had entered liquidation first emerged. "Sibling is now on hiatus and liquidators have been appointed voluntarily to assist in...