In The Style: Huge debts revealed after rescue deal saves jobs Retail In The Style owed more than £20m when it was rescued after collapsing into administration, it has been revealed. The Manchester-based fast-fashion brand rescued by Alps Sourcing Limited last week in a deal which secured 87 jobs. The debts have been revealed in a new document filed with Companies House by administrator FTS Recovery. What’s the [...]
In The Style: Fast-fashion brand saved after administration collapse Retail In The Style has been sold after collapsing into administration in a move which put hundreds of jobs at risk of being lost. FTS Recovery had been appointed to oversee the administration process at the Manchester-based company before a deal with Alps Sourcing Limited was agreed. It has now been confirmed that 87 jobs in [...]
In The Style goes out of fashion as administration looms Retail Fast-fashion retailer In The Style is on the brink of collapsing into administration two years after being forced into a rescue deal. FTS Recovery is being lined up to oversee the potential administration of the company which was founded by Adam Frisby in 2013. The business was previously listed on the London Stock Exchange’s AIM [...]
In The Style cuts job as sales continue to fall ahead of stock exchange return December 12, 2024 In The Style slashed jobs in a bid to stem its losses amid continuing falling sales as its return to the London Stock Exchange edges nearer. The Manchester-headquartered fast-fashion retailer has posted a pre-tax loss of £2.6m for the year to 31 March, 2024, down from the £7.7m loss it reported in the prior 12 [...]
In The Style: What’s next for fast-fashion label as founder quits and takeover drags on? October 1, 2024 The founder of fast-fashion label In The Style has quit as a drawn-out takeover deal continues to rumble on. Adam Frisby set up the Manchester-based brand from his bedroom in 2013 and served as its chief executive January 2022 but returned as CEO in December that year before again leaving the role 12 months later. [...]
Former In The Style owner to be kicked off AIM and wound up March 28, 2024 The former owner of fashion label In The Style is to be wound up after failing to secure a takeover deal.
In The Style could make return to London Stock Exchange as takeover deal revealed March 11, 2024 Fast-fashion brand In The Style could be set to return to the London Stock Exchange after a possible takeover deal was revealed.
In The Style: Why fast-fashion brand once worth over £100m was forced to sell itself in cut-price deal January 15, 2024 The full financial challenges that faced fast-fashion brand In The Style before it was forced to sell itself to avoid administration have been revealed for the first time.