Contact: Jo Ouvry
Deloitte
Public Relations
+44 (0) 20 7303 0587

The Edinburgh Crystal Glass Company Limited (Edinburgh Crystal) has today appointed Deloitte recovery experts, John Reid and Ian Brown, as joint administrators.

The company is a distributor and retailer of fine crystal tableware and giftware operating from a head office and warehouse in Penicuik. With 14 factory outlets and 77 department store concessions throughout the UK, Edinburgh Crystal employs over 420 staff across the country.

John Reid commented:  “The Company has suffered from a steady decline in consumer demand for a number of years.  As a consequence, losses have been incurred and the directors embarked on a strategy of trying to sell the business.  They failed to secure a buyer and have concluded that they cannot continue to trade, appointing us as administrators.

”Edinburgh Crystal has a strong brand and a presence in numerous department stores throughout the UK. Our strategy is to continue trading the business, review the operation, and look to sell it as a going concern.”

Mr Reid is keen to point out that only The Edinburgh Crystal Glass Company Limited is in administration and the company's two subsidiaries, The Caithness Glass Company Limited and Selkirk Glass Limited are continuing to trade outside of the insolvency process.

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