Deloitte & Touche LLP   Deloitte & Touche LLP
 
Beauty products group enters administration
Published: 02/2/07
Contact: James Igoe
Deloitte
Public Relations
+44 (0)20 7303 8247

Disperse Group plc, a North West-based importer and distributor of branded cosmetics and beauty products, has been placed into Administration.

Debbie Young and Bill Dawson of Deloitte’s Reorganisation Services division have been appointed to act as Joint Administrators.

Disperse Group, whose headquarters are in Warrington, Cheshire, is best known for its Elizabeth French and Woods of Windsor branded products, which are supplied to department stores, grocers and discount stores across the UK.  The Group also operates from retail outlets and concessions across the country.

A total of 72 people have been made redundant and 7 retail outlets have been closed as a result of the Administration.  The Group continues to operates from a further 7 retail outlets and 111 concessions, employing 85 staff.

Bill Dawson, partner in Deloitte’s Manchester office said:  “Despite the best efforts of its management team, following the appointments of a new CEO and Finance Director, trading conditions remained difficult for the Group.  With numerous expressions of interest, we are currently trading the business on a limited basis while seeking a purchaser.”

Enquiries relating to the business should be directed to Lauren Jones or Anna Simpkins at MC2 on 0161 236 1352

Ends

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Page Last Updated: 05 February 2007
Source: Deloitte & Touche LLP - United Kingdom (English)

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