Friday April 3, 2020

Administrator: buyers circling Orla Kiely shops Number of creditors expected to be ‘substantial’

30th September, 2018
Orla Kiely (right) saw her fashion business cease trading last month with debts of up to £10m Picture: Rex

There have been many approaches from parties seeking to acquire some or all of the Orla Kiely retail business that collapsed earlier this month, an administrator appointed by creditors has said.

Chris Newell of corporate recovery specialist Quantuma was installed by creditors to protect their interests at Kiely Rowan plc, the holding company for the brand that built its name on replicating 1970s-style patterns on clothes and accessories, and two connected companies. Sums owed to...

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