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Begbies Traynor secures sale of luxury shoe retailer
June 10, 2011
Leading business rescue and recovery specialist Begbies Traynor (Central) LLP has completed a sale of the business and assets of Georgina Goodman Limited – a luxury shoe retailer based in the heart of London.
On 2 June 2011 partners Kirstie Provan and Mark Fry of Begbies Traynor were appointed Joint Administrators of the business which included a retail outlet at Old Bond Street, Mayfair. Kirstie Provan commented:
“Georgina Goodman Limited entered into administration on 2 June and the following day we completed a sale of the name, IP and goodwill of the business to Intercede 2387 Ltd.
“Unfortunately it has not been possible to continue trading the business in its current form and we are working alongside the new owners to keep the Bond Street store open until late June to maximise recoveries.
“Stock is being offered for sale at a significant discount and enquiries relating to stock should be directed to Chris Hall at Hilco on chall@hilcoeurope.com ”
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