Wed, 24 May 2017 | BUSINESS SALE
A women’s fashion label owner is on the hunt for a cash injection, a sale or could face having to enter administration.
The pressure is on Style Group Brands, the company behind Jacques Vert, Dash, Eastex, Precis Petite and Windsmoor, with over 1,000 employees’ positions hanging in the balance.
A retail sector source said all options to include talks with potential buyers were ongoing, with an outcome expected next week.
The group had brought in KPMG to consider a sale or restructuring of the company two months ago due to the ongoing volatile retail environment. And it is thought that if the company does enter administration KPMG will be at the helm.
Trading across UK, Europe and Canada from over 1,850 outlets, Style was created out of the merger of Jacques Vert and Irisa Group, and has concessions in Debenhams and House of Fraser, as well as John Lewis’ online business.
The group rebranded as Style Group Brands in September last year, a few months after Shaun Wills came on board as the new chief executive.
There’s a lot of similar activity going on in the retail sector, with the parent company of Oasis and Warehouse up for sale, as well as Hobbs. While Joy has recently been bought out in a pre-pack administration back to its owners, and Jaeger now under new ownership after being bought out of administration.
Search businesses in administration
Subscribe to the Business Sale Report here
Very long established and profitable wholesale business. There is a healthy base of active repeat clients and the business has an excellent reputation. The location and premises suit the business perfectly with a small sales office, and a third party...
Extremely successful & exciting entertainment Business, the highest review rated of our kind in the World. Performing to over 600 events this year and growing you will find a fast growing business to take to an even higher level. Looking for somethi...
WEB-BASED
Long established motorcycle business. For over 25 years this highly regarded motorcycle training brand has offered training and testing services for motorcycles. The business is also a successful branded franchise dealer. They sell a well-known brand...
|
16
|
|
Sep
|
Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI
SRL Traffic Systems, a manufacturer and supplier of portable...
|
13
|
|
Sep
|
AFH Financial Group acquires two firms for £7.2 million | BUSINESS SALE
AFH Financial Group, a listed wealth management firm headqua...
|
12
|
|
Sep
|
Lucid Group completes acquisition of North West-based healthcare consultancy | BUSINESS SALE
Healthcare communication specialists, Lucid Group, has succe...
Sign up to receive our acquisition alert emails to get your FREE guide
|
05
|
|
Aug
|
Superbreak and LateRooms travel businesses for sale after administrators appointed | BUSINESS SALE
The Malvern Group, parent company of LateRooms and Superbrea...
|
09
|
|
Jul
|
Assets for sale as engineering firm appoints administrators | ADMINISTRATION
An engineering firm based in South Yorkshire has fallen into...
|
26
|
|
Jun
|
'All options' being explored for collapsed Welsh cheese maker | ADMINISTRATION
A cheese-making factory in Snowdonia has collapsed into admi...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources