Tag : Blue Inc
Blue Inc falls into administrationSubscription
Menswear retailer Blue Inc has been placed into administration, after the struggling business failed to find a buyer.
Blue Inc seeks new owner Subscription
Troubled menswear retailer Blue Inc has asked insolvency practitioner Begbies Traynor to find a buyer for the business.
Soaring administration costs dragged troubled fashion retailer Blue Inc to a £2.6m loss despite the firm almost doubling revenues to £50m, its latest figures reveal.
Blue Inc hit by £16m losses before CVASubscription
Troubled young fashion retailer Blue Inc was struck by mounting losses in the months before it filed for a company voluntary agreement (CVA).
Drapers Talks: A Brexit warning from the BFC and trouble at NextVideoSubscription
In this week’s Drapers Talks, senior news reporter Tara Houslea and staff writer Harriet Brown discuss the British Fashion Council’s comments on Brexit, Next’s latest financial results, and which retailers came out top when we tested their online returns.
Landlord concerns over Blue Inc CVA Subscription
Blue Inc landlords have raised concerns over the future of the business after it filed for a company voluntary arrangement (CVA) last week.
Blue Inc files for CVASubscription
Blue Inc has filed for a company voluntary arrangement (CVA), allowing it to shut unprofitable stores and reduce rents just over a year after going through a pre-pack administration.
Blue Inc property deals prolong administrationSubscription
Blue Inc subsidiary A Levy has extended its administration for a further 12 months while it continues to negotiate store leases and payments to unsecured creditors.
Suppliers take majority share of Blue IncSubscription
Two of Blue Inc’s biggest suppliers have taken a majority share of the firm, Drapers understands.
Blue Inc forked out £1.2m in pre-pack dealSubscription
Blue Inc bought its trading subsidiary A Levy & Son out of administration in January for £1.2m, it has emerged.
Blue Inc reopens Portadown shopSubscription
Blue Inc reopened its shop in the High Street Mall in Portadown, County Armagh, today, following negotiations with the shopping centre.
At this time of year the news section of Drapers can be a gloomy read, as tales of administrations, store closures and job losses abound.
Creditors fret over Blue Inc administrationSubscription
Suppliers and landlords of young fashion chain Blue Inc have expressed concern over the impending administration of the retailer’s subsidiary, A Levy & Son.
What a start to 2016! Second week into the year and we’ve seen a chief executive depart, a series of administrations – as both Atterley and Hawick Knitwear succumbed to the pressures of a difficult economic environment – and a plethora of mixed Christmas trading results.
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