Atterley.com, the online marketplace, has ceased trading and entered administration for the second time. The fashion marketplace had relationships with some 250 independent retailers but had run out of investment resources to keep the business going.
Co-CEO Kelly Byrne resigned as a director of the two entities – Atterley.com Holdings Ltd and Atterley.com Retail Ltd – behind the Atterley business on December 8th, and was followed by her counterpart Kenneth Baillie who resigned on 22nd December.
Brian Milne and David McGinness of French Duncan have been appointed as joint provisional liquidators to seek a buyer. As yet, it is unclear how many of its sellers or customers have been affected by the situation. All staff are being made redundant with immediate effect
In a statement, the business said: “We deeply regret what has happened and are not taking this course lightly or easily. We are mindful that this is a difficult situation for our staff, particularly at this time of year. We are also conscious of the impact on our independent boutique partners and loyal customers.
“We are aware of our obligations to employees, partners and customers, and would like to thank them for what they have done since 2016, when Atterley took on its new form. We will be working with the insolvency practitioner over the coming days to form a plan.”
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