Date Posted: Monday 9th May 2016
Footwear brand Ted&Muffy – until recently known as DUO boots – has gone in to administration with the closure of two stores and large scale redundancies. Experts in calf fitting boots, the 30 year of business has closed retail premises in Covent Garden and Edinburgh with immediate effect. Shareholder and CEO Nicholas Sinfield has transferred assets in a prepack, closing parent company Elitehiill Trading with substantial debts. Deloittte LLP will manage the affairs, business and property of the Company for the duration of the administration.
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