The fashion brand has 130 shops across the UK
The chain has 130 shops across the UK - including a store in Wilmslow. Bosses revealed that administrators will be appointed following a failure to secure a vital cash injection.
The brand – famous for its posh wellies – said talks over an emergency cash-call with investors including its founder Tom Joule were unsuccessful and have ended. It said it would file a notice of intention to appoint Interpath Advisory as administrators to the firm and its subsidiaries 'as soon as reasonably practicable'.Joules said: "The board is taking this action to protect the interests of its creditors.
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