Interpath news and archive

Next and Frasers said to be in running for Seraphine rescue deal

Following Seraphine’s descent into administration last week, speculation over potential saviours are beginning to swirl. Among them, British retail giants Next and Frasers Group are said to be frontrunners in potential deals to rescue the maternity wear brand. According to sources for Drapers, dubbed “several industry veterans”, the two firms...

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Claire’s eyeing US bankruptcy, reportedly appoints advisors in UK

New reports have emerged speculating on the position in which accessories chain Claire’s finds itself in. In the US, it is believed that the teen-focused retailer is mulling a Chapter 11 filing, while in the UK, advisors are said to have been appointed to oversee a rescue plan. The reports come weeks after rumours surrounding a potential sale of...

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Seraphine appoints administrators

British maternity brand Seraphine has collapsed into administration and appointed Will Wright and Chris Pole from Interpath as joint administrators. In a statement, Seraphine said it had been experiencing “trading challenges” in recent years, which have been “exacerbated by fragile consumer confidence which had negatively impacted sales”. The...