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Wednesday, 3 July 2013

Nicole Farhi in administration

Nicole Farhi is reported to be in administration according to reports  Administrators at Zolfo Cooper have been appointed and hope to sell the business.

Nicole Farhi’s administration follows the collapse of Dwell and ModelZone last week.

Nicole Farhi has four  stores in London and is a well known brand in  department stores such as Harvey Nichols, House of Fraser and Selfridges.

Nichole Farhi made a loss of £5.6m  on £21.7m turnover in the last available accounts.

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