by Bob » 25 Jun 2013, 16:24
Four more retail chains go into administation
Dwell, the furniture retailer, has confirmed the appointment of Duff & Phelps as administrator, while Internacionale, ModelZone and Ark have filed a notice to appoint administrators.
About 2,000 staff are employed by the four companies.
Internacionale, which has almost 150 stores, has lined up Ernst & Young as administrator, while ModelZone is to appoint Deloitte.
Ark, whose parent company is called Rett Retail Limited, is a fashion retailer primarily based in the north of England.