×
17
Fashion Jobs
H&M
Content Production Manager Sales Market Greece
Permanent · Athens
L'OREAL GROUP
Consumer & Market Intelligence Manager
Permanent · Nea Ionia
L'OREAL GROUP
Online Brand Manager For Luxury Division
Permanent · Athens
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση
Permanent · Ioannina
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση
Permanent · Thessaloniki
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση
Permanent · Austin
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση
Permanent · Chania
MAURIZIO MYKONOS
Sales Assistant
Internship · ATHENS
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση, Σπάτα
Permanent · Cholargos
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση, Ερμού 54
Permanent · Athens
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση, Πειραιάς
Permanent · Pireas
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση, Γλυφάδα
Permanent · Glyfada
L'OREAL GROUP
University Interns
Permanent · Athens
NIKE
Nike Part Time Athlete (Sales Associate)
Permanent · Corinth
NIKE
Nike Part Time Athlete (Sales Associate)
Permanent · Heraklion
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση, Κόρινθος
Permanent · Korinthos
H&M
Σύμβουλος Πωλήσεων -Εποχιακή Μερική Απασχόληση
Permanent · Marousi
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 © 2021 Fibre2Fashion. All rights reserved.