FASHION
Cath Kidston to appoint administrators
Date Posted: Monday 6th April 2020
Cath Kidston has filed notice that it will appoint administrators amid the coronavirus outbreak, putting around 950 jobs at risk.
Sky News reported that Cath Kidston had previously hired adviser Alvarez & Marsal and law firm Shoosmiths to review the business, including a potential sale.
A spokesperson for the retailer said: ‘’The notice of intention forms part of the process by which Cath Kidston is continuing to work with Alvarez & Marsal to explore all options for the company in the current climate.’’