World Footwear


tReds falls into administration

Feb 5, 2019 United Kingdom
tReds falls into administration
The UK-based footwear retailer, with a chain of footwear stores across the UK and an online operation, has been placed into administration
It has been confirmed that Weymouth-headquartered tReds LLP, has gone into administration, with Ross Connock and Zelf Hussain of PricewaterhouseCoopers (PwC) appointed as joint administrators.

The footwear and fashion retailer operates 21 stores across the UK alongside its head office and warehouse is in Weymouth, Dorset.  Its head office and warehouse is in Weymouth and the business employs 165 staff.

Ross Connock, PwC director and joint administrator, stated: "The business has faced similar challenges to those seen across the retail sector, including changing consumer behaviour and economic uncertainty. This has resulted in reduced revenues across the store portfolio. Despite the best efforts of management, there was unfortunately no alternative but to place the Partnership into administration. All staff remain employed as normal and we are continuing to trade the business in the coming days while we assess the trading strategy and explore any interest in the business."

Related Events

  • Aug
    Aug 4-Aug 6, 2019 | Birmingham, United Kingdom

    Moda Footwear UK

  • Sep
    Sep 13-Sep 17, 2019 | London, United Kingdom

    London Fashion Week

  • Jan
    Jan 21-Jan 23, 2020 | Telford, United Kingdom


Related Organizations

  • BFA - British Footwear Association

    BFA - British Footwear Association

    United Kingdom
  • BLC - Leather Technology Centre Ltd

    BLC - Leather Technology Centre Ltd

    United Kingdom
  • The School of the Arts - University of Northampton

    The School of the Arts - University of Northampton

    United Kingdom
  • Intertek


    United Kingdom