PricewaterhouseCoopers has been appointed administrators for Adams Childrenswear today.
Rob Hunt, join administrator and partner at PWC said: “Following our appointment, we are continuing to trade as we urgently review the company’s financial position so as to assess which stores can remain open. Adams Kids is a well known brand on the high street and we remain hopeful that it will prove attractive to a purchaser. However, the current difficulties in the retail environment are such that some store closures are likely. We plan to make further communication next week.”
Administrators have not been appointed to a related company, Mini Mode Childrenswear, which suppliers kidswear to Boots.