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Womenswear retailer Select launches CVA

Administrators for budget British fashion retailer Select have launched a company voluntary arrangement (CVA) in a bid to turnaround the struggling womenswear chain. Business advisory firm Quantuma were called in to rescue Genus UK Ltd, which trades as ‘Select’, after it fell into administration in May following a period of poor sales. The CVA...

May 28, 2019

Management

Select falls into administration

Budget British fashion retailer Select has fallen into administration, putting 1,800 jobs at risk if a sale of the business is not agreed. Andrew Andronikou, Brian Burke and Carl Jackson of business advisory firm Quantuma were appointed as administrators of Genus UK Ltd, trading as Select, on 10 May. Quantuma said that due to “prevailing high...

May 10, 2019