×
254
Fashion Jobs
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
MINIVEL SERVICES
Area Sales Manager - Insurance Company
Permanent · Bengaluru
POLYCAB
Area Sales Manager
Permanent · Chennai
ACME SERVICES PRIVATE LIMITED
Purchase Manager For a Leading Textile Brand
Permanent · Mumbai
SBFC FINANCE
Area Sales Manager And Sales Manager- Loan Against Property
Permanent · Ahmedabad
BUSY INFOTECH
Area Sales Manager - Amritsar / Ambala / Shimla
Permanent · Ambala
GRAND CHEMICAL WORKS
Area Sales Manager- Lucknow (gt Fmcg)
Permanent · Lucknow
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur (gt)
Permanent · Kota
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
SURYA FOOD AGRO LTD
Production Manager
Permanent · Greater Noida
SHYAM STEEL INDUSTRIES
Require Area Sales Manager For Different Locations at Bihar
Permanent · Madhepura
PINKODE REALTY LLP
Hiring For Asm/Sales Managers
Permanent · Mumbai
FRQ BRO
Area Sales Manager - Oppo
Permanent · Pudukkottai
FLEETX
Area Sales Manager
Permanent · Tirunelveli
TEACHMINT
Area Business Manager
Permanent · Hubballi
By
Reuters
Published
Sep 30, 2011
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alexon rescue follows administration

By
Reuters
Published
Sep 30, 2011

LONDON, Sept 29 (Reuters) - British fashion retailer Alexon has become the latest casualty of the economic downturn, going into administration before being sold to private equity firm, Sun Capital Partners.

Alexon
www.alexon.co.uk


The so called pre-pack administration with KPMG, which secures continuing employment for Alexon's staff of about 2,700, was agreed on Thursday after the firm failed to secure additional funding, leaving it unable to trade as a going concern.

Shares in Alexon, which trades as Ann Harvey, Kaliko, Dash and Eastex, were suspended earlier at 2.825 pence, valuing the firm at about 4.2 million pounds ($6.6 million).

The firm said last month it had net debt of 12.9 million pounds.

Alexon's demise as a listed entity comes on quarterly rent day, when the fourth quarter's rent is due to be paid in advance.

Experts expect more retail failures as severe macro-economic headwinds take their toll on cash-strapped consumers.

($1 = 0.639 British Pounds) (Reporting by James Davey; editing by Neil Maidment)

© Thomson Reuters 2022 All rights reserved.