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

Hillbrow Fashions in administration

Supplier Hammer and Theelen, which trades as Hillbrow Fashions and suppliers retailers including Debenhams and the Arcadia group, has been put into administration following 106 years of trading.

Established in 1904, Hammer and Theelen went into administration yesterday with the appointment of joint administrators Geoff Rowley and Jason Baker, partners at restructuring, recovery and insolvency firm FRP Advisory.

The supplier will continue to operate as a going concern with no redundancies made while the administrators seek a buyer for the business.

Hammer and Theelen, based in Stratford, East London, sources and supplies fashion clothing accessories for retail chains including Debenhams, Dorothy Perkins, Topshop, Asos and Jane Norman. The company employs five members of staff and has an annual turnover of around £3m.

FRP Advisory said it is working closely with suppliers and customers to fulfil the company’s £1.72m autumn 10 order book.

Rowley said: “It is a great shame that this historic firm has been forced into administration. In common with many suppliers in the UK retail market, the business has found its margins under increasing pressure, particularly given intensifying competition from suppliers in Asia.

“Ultimately, the directors concluded that the business could not continue to trade without the protection of administration. The company does, however, maintain strong relationships with its key customers and, together with them, we are focused on fulfilling the existing, healthy order book.”

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.