Creditors of British womenswear label Nougat have been left unsure as to whether they will receive any money owed to them following the business’s fall into administration.
Nougat, which appointed administrators from Zolfo Cooper on November 21, blamed “a downturn in trade amid challenging market conditions” for the difficulties experienced by the brand house, which was founded in 1990 and includes sister brand Havren.
One supplier, who claims to be owed a four-figure sum, said she had been chasing Nougat for three months before it went into administration and still has not been paid.
“We’re devastated and we’re not the only ones. The situation has left a lot of businesses in a real state. They owe us a lot of money and we had been chasing unpaid invoices for months. It’s hard enough at the moment without something like this happening. It’s appalling,” she added.
A former employee said the administration had been in the pipeline “for months” and she had not been paid wages for November.
Nougat and Havren have over 50 stockists in the UK and Ireland.
Zolfo Cooper declined to comment on what would happen to the company and its staff, or how much is owed to creditors.