This ad will be closed automatically in X seconds.

Scotts of Stow bought in pre-pack sale

PH understands the retailer appointed administrators on 9 March, shortly before it was bought in a pre-pack sale by All About Cashmere.

All About Cashmere, also trades as Woolovers, and is a mail order company specialising in clothing for a similar customer demographic to that of Scotts.

Administrator for the retailer, Resolve Advisory, has reportedly written to Scotts of Stow suppliers to inform them that they are now unsecured creditors in respect of money owed. The letter also stated that at present, no payments could be made, but details of debts owed by the company should be forwarded to the administrators.

A further letter from the prior owners of Scotts of Stow stated that the decision to appoint administrators came as ‘after a sustained period of challenging economic conditions, we found ourselves in a situation that we couldn’t recover from on our own’. 

MORE NEWS
Progressive Preschool featured image (1)
 
The latest issues of Progressive Housewares and Progressive Electrical are now available to read online, packed with all of the latest news and views ahead of the Exclusively Housewares show....
Peugeot IndyBest (2)
 
The Peugeot Saveurs Paris u select salt and pepper mill set was awarded 4.5 out of a possible five stars. ...
HORL (2)
 
HORL 1993 has announced the launch of its collection of sharpeners and accessories to the UK market....
GreenPan Burton McCall (1)
 
GreenPan has joined forces with Burton McCall to reach the independent trade channel in the UK....
Dexam Walk the Wight (1)
 
Product manager, Helen Boardman, completed the Walk the Wight challenge in support of Ronald McDonald House Charities....
Smeg Three Peaks (1)
 
On Friday 16 June, a team from SmegUK will be taking on the Three Peaks Challenge within 24 hours....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.