NF Fashion Limited (07150893): administration
- Status
- Administration ended
- Administration began
- 2013-07-03
- Formerly
- Fashion Runway Limited
- Incorporated
- 2010-02-09
- Location
- Manchester
- Industry
- 47710 Retail sale of clothing in specialised stores
Why it went into administration
- Property / lease costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
3.1 Fashion was incorporated on 9 February 2010 and Acquisitions was incorporated on 14 December 2011.
3.2 Fashion, a wholly owned subsidiary of Acquisitions, 1s a UK and Ireland based retailer of mens and ladies fashion operating out of six stand-alone stores, a number of concessions and a transactional website. In addition, Fashion has a significant wholesale business selling to a range of customers, including large retailers such as John Lewis
3.3 Kelso, a private equity fund manager, acquired the Companies in January 2012, following which they have invested approximately £14 million into the Companies.
Administrators' statement of proposals (2013-08-08) · Companies House register