Chi-Chi Collection Limited (07155146): administration
- Status
- Administration ended
- Administration began
- 2023-09-08
- Administrators
- Christopher Robert Pole, William James Wright
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2010-02-11
- Location
- London
- Industry
- 46420 Wholesale of clothing and footwear
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Rising costs / inflation
- Creditor pressure / legal action
From the administrators' statement
The Company traded profitably in the years ended 28 February 2019 and 28 February 2020. Trading quickly suffered in the COVID-19 pandemic which impacted the retail sector more widely.
Following the pandemic, the Company has been impacted by cost inflation and reduced
demand due to the cost-of-living crisis, resulting in cash flow challenges and increasing creditor pressure.
Administrators' statement of proposals (2023-10-05) · Companies House register