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

  • May
    May 14-May 15, 2019 | Manchester, United Kingdom

    Fashionablyin Sourcing

  • Jun
    Jun 18-Jun 20, 2019 | London, United Kingdom

    Safety & Health Expo

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


Related Organizations

  • The School of the Arts - University of Northampton

    The School of the Arts - University of Northampton

    United Kingdom
  • BLC - Leather Technology Centre Ltd

    BLC - Leather Technology Centre Ltd

    United Kingdom
  • SATRA Technology Centre

    SATRA Technology Centre

    United Kingdom
  • De Montfort University

    De Montfort University

    United Kingdom