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British fashion chain Joy files for administration

Posted by sGuru on 1st Jan 2020

British fashion chain Joy files for administration

New York –UK’s fashion retailer Joy Group has just announced its intention to appoint administrators, two years after it was bought out of insolvency in a pre-pack deal with its founders.

The chain, which has 10 stores across the country, is understood to have lined up KRE Corporate Recovery, which handled the administration in 2017, reports ‘TheTimes’.

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