Coronavirus: Vintage retailer Cath Kidston lines up administrators Cath Kidston has become the latest high street name to file a notice of intention to appoint administrators, Sky News learns.

Cath Kidston has become the latest high street name to file a notice of intention to appoint administrators, Sky News learns.

The accelerating flow of high street coronavirus casualties looks set to continue this weekend as Cath Kidston, the modern vintage retailer, lines up administrators in a bid to secure its long-term future.

Sky News has learnt that Cath Kidston filed a notice of intention to appoint Alvarez & Marsal (A&M) as administrator late on Friday.

The move comes a fortnight after A&M was instructed to find a buyer for the business, which is owned by Baring Private Equity Asia.

The...
source: The Sky News

2020-04-04 17:41
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