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

Timeline: Barratts

This week it emerged that Barratts was in financial difficulty yet again, and may have to call in the adminstrators for a third time if it is unable to secure an emergency loan. Drapers looks back at the family-owned footwear business.

1903 - The Barratt Boot and Shoe Company is established in Northampton.

1964 - Publicly listed company Stylo buys Barratts

1978 - Michael Ziff joins Stylo, his father’s company, as a director

October 2008 - Stylo, parent company of Barratt’s and Priceless sees losses increase from £7.5m to £9.3m as a result of rent, rates and wages and the “exceptionally difficult” trading environment.

January 26, 2009 - Barratts and sister company Priceless enter administration as Stylo’s shares are suspended.

February 19, 2009 - Ziff family buys Barratts and Priceless out of administration in a deal that saves 160 of the footwear retailer’s 380 stores. Ziff says his priority was to talk to suppliers and stablise the business.

December 2010 - Barrats overhauls management team, hiring John Hood, former managing director of Brantano as new brand director as Howard Stanton retires. It also appointed Deloitte strategic adviser Richard Hyman as non-executive director. 

January 2011 - Barratts posts a £6.1m profits for the 18 months since being bought out of administration.

October 2011 - Hood is promoted to managing director, with Richard Segal being brought in as chairman.

December 8, 2011 - Barratts enters administration for the second time, with 2,200 people at risk of losing their jobs.

January 16, 2012 - Ziff saves 1,184 jobs when he buys 90 stores from administration.

October 26, 2013 - Barratts seeks emergency loan as it is on the verge of going into administration for third time.



Readers' comments (1)

  • Tired Management. Tired store fit. Tired product.

    Unsuitable or offensive? Report this comment

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.