Clintons has once again come back from the brink after the Weiss family repurchased the ailing specialist retail chain immediately after putting it into administration on December 4 2019. This is the second time in seven years that Clintons has been bought out of administration. In what is known as a pre-pack process, the company
Clintons is saved from pre-Christmas collapse Read More »
Renowned British design brand, Orla Kiely, has closed all of its stores and website in the UK and Ireland, as parent company Kiely Rowan appoints David Rubin & Partners as administrators. The £8million brand has branches in London, Kildare and New York City. The closure took effect on Monday September 17, when the company’s 56
Orla Kiely calls in administrators as stores and website close Read More »
Clinton Cards’ chief executive Darcy Willson-Rymer, who joined the struggling retailer in October 2011 and rapidly embarked upon a turnaround plan, is thought to be one of the early casualties as the company collapses into administration. Administrator Zolfo Cooper is understood to have removed the former Starbucks chief out of the business as WHSmith joins
Clinton’s chief executive ousted from the business Read More »
The specialist greetings card retailer Clinton Cards has suspended shares on the stock exchange and it’s major supplier, American Greetings, has acquired its £35 million loan facilities from Barclays and the Royal Bank of Scotland. After agreeing to take on the debt, American Greetings announced to the Clinton Cards board that it intends to enforce
Clinton Cards enters administration after American Greetings enforces debt Read More »
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