Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Aftershock Wholesale goes into liquidation

Womenswear occasionwear label Aftershock Wholesale has gone into liquidation and has instructed insolvency firm Abbott Fielding to convene a meeting with creditors tomorrow.

The company, which has 300 stockists including House of Fraser, New Look and independent Chardonnay Boutique in Great Dunmow in Essex, owes suppliers £300,000.

Aftershock Wholesale boss Hiro Harjani told Drapers that several factors had led to the brand’s demise including the collapse of Irish chain A-Wear, where it had concessions; its bankers reducing its facility and independents suffering from tough trading.

A large group has placed an offer to acquire Aftershock Wholesale and take a stake in Aftershock London, a retail company that trades as a separate entity, Harjani said. Aftershock London, which comprises three stores and a website, remains unaffected by the liquidation.

Creditors will vote later today on which company to appoint as liquidator.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.