John Varvatos UK Limited (08891588): administration
- Status
- Administration ended
- Administration began
- 2020-09-30
- Incorporated
- 2014-02-12
- Location
- London
- Industry
- 46420 Wholesale of clothing and footwear
Why it went into administration
- Sustained trading losses
- COVID-19
- Weak consumer demand
- Supply chain disruption
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
John Varvatos UK Limited (“the Company”) was incorporated on 12 February 2014 and acted as a representative for John Varvatos Enterprises Inc.'s (“JVE") retail and wholesale operations within UK and Europe, providing luxury and contemporary menswear and accessories targeting the high-end menswear market.
Philipe Adam is the Company’s sole director and the shareholder is Lion/Hendrix Cayman Limited ("LHC"), an overseas entity.
The Company's retail operation traded from two stores, one in Conduit Street, London, which opened in 2014 and a unit in the Westfield Shopping Centre in Snepherd’s Bush, London, which opened in 2018.
Administrators' statement of proposals (2020-11-11) · Companies House register