×
177
Fashion Jobs
AESOP
Retail Consultant | Part-Time (30 Hours) & Full-Time | Aesop City of Stockholm
Permanent · STOCKHOLM
ASICS
Sales Representative
Permanent · Stockholm
PUMA
Senior Key Account Manager Sportstyle Nordic
Permanent · Solna
H&M
Global Head of Marketing h&m Sport
Permanent · Stockholm
H&M
Project Leader For Material Certification And Material Trademark Within Group Compliance
Permanent · Stockholm
PUMA
Project Manager IT Sap
Permanent · Solna
H&M
Art Director – h&m Group Communications
Permanent · Stockholm
H&M
Data Analyst to Predictive Analytics Team @h&m Business Tech
Permanent · Stockholm
H&M
Data Analyst to an Inventory Optimization Team in Business Tech
Permanent · Stockholm
H&M
Business Minded Data Specialist to h&m Group
Permanent · Stockholm
H&M
Scrum Master (Service Now) to Support And Operations Toolings Team at h&m Business Tech
Permanent · Stockholm
H&M
we Are Looking For Business Intelligence Analysts to Group Expansion, h&m
Permanent · Stockholm
H&M
Business Intelligence Analyst
Permanent · Stockholm
H&M
Cyber Security Trainer
Permanent · Stockholm
H&M
Security Advisor
Permanent · Stockholm
H&M
h&m is Looking For a Business Expert For Allocation Precision
Permanent · Stockholm
H&M
Power bi Specialist to Kpi Dashboards Within Business Tech
Permanent · Stockholm
H&M
ai Learning & Development Manager
Permanent · Stockholm
H&M
Import-Export Manager to h&m Distribution Centre in Eskilstuna
Permanent · Eskilstuna
H&M
Scrum Master to Support & Operation Tooling, Monitoring & Insights Team at h&m Business Tech
Permanent · Stockholm
H&M
Business Expert Full-Stack 3d Garment Specialist
Permanent · Stockholm
H&M
Digital Product Owner to Inspire & Discover
Permanent · Stockholm
By
Fibre2Fashion
Published
Aug 3, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Victoria's Secret's UK arm moves from administration to liquidation

By
Fibre2Fashion
Published
Aug 3, 2021

The UK arm of lingerie retailer Victoria's Secret has gone into liquidation. It went into administration last year after sales plummeted during the Covid-19 lockdown. A spokesman for administrators Teneo said a judge has approved a move into liquidation that would enable dividends to be paid to creditors.



Judge Sally Barber heard the case in the Insolvency and Companies Court recently. Hundreds of jobs have been put at risk because of the decision, according to British media reports.

The retailer said it had hired administrators in June 2020 after being affected by the COVID-19-induced lockdown.

Victoria's Secret's online business was not owned by its UK arm, and therefore, would continue as usual, it was announced earlier.

When the UK business went into administration last year, Next came to its rescue, fighting off Marks & Spencer to snap up the business. The deal saw Next take on a 51% stake in the group and save 500 of 800 jobs.

Copyright © 2022 Fibre2Fashion. All rights reserved.