Kinky Knickers maker falls into administration

The manufacturer behind Mary Portas’ underwear brand Kinky Knickers has fallen into administration, with 33 staff being made redundant.

Headen & Quarmby, a Lancashire-based company, was the exclusive manufacturer of Kinky Knickers, and also produced garments for a number of high street brands, including John Lewis and Marks & Spencer.

Mary "Queen of Shops" Portas said in a statement on Facebook that she is surprised by the news."Right up until this announcement, H&Q were telling me of their ambitious plans for our brand and the others they manufacture under licence as well as plans they had for their own ranges. It’s especially sad as they were even opening an Academy later this month to help share the skills and learning," she added.

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"It’s so sad that the problems have been caused by cashflow shortfalls due to bad debts arising from some smaller retailers going bust over Christmas and a large retailer cancelling an order – this is of course the sad reality of retail and manufacturing in Britain today."

Administrators BDO said the company employed 33 staff and has had to make all of them redundant. BDO said it is investigating options to recommence trading and fulfil customer orders, with a view to selling the business as a going concern.

Kerry Bailey, BDO business restructuring partner said: “A drop in post-Christmas orders from key customers and a decline in sales volumes has significantly affected the business and resulted in a deterioration of its working capital position. However, we are doing everything we can to try to secure a future for the business, and we are hopeful of securing a sale."

“To that end, the administration team would welcome approaches from commercial parties interested in acquiring the business or assets," she added.

A spokesperson for BDO emphasised to Lingerie Insight that the Kinky Knickers brand is not entering administration and that the brand may look to manufacture its products elsewhere.

 

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