Envy goes into administration

Administrators from Leonard Curtis have been appointed on the business.

Envy, based in west London had 21 stand-alone stores of which three had been recently closed and eight were closed on the appointment of administrators.

The administrators will continue to trade the remaining 10 stores based across England and Scotland from Thurrock to Glasgow.

The business had recently been acquired from its previous owner, John Kinnaird, by a consortium of investors.

For the year to January 2010 the business achieved a turnover of £27.2m.

Posted at 08:23PM Apr 19, 2010 by Kelly Board in Insolvency  |  Comments[0]