Luggage specialist Antler has appointed administrators from KPMG. The retailer which operated 18 stores and a concession has made 164 staff redundant having been hit with the ‘double whammy’ of enforced store closures and Covid-19’s severe impact on travel.
The administrators are continuing to trade the business online – it has its own website as well as other channels including Amazon and wholesale activity.
Will Wright, KPMG partner and joint administrator said: “Like so many companies across the retail and travel sectors, Antler has been profoundly impacted by the Covid-19 pandemic. Although the business was trading well prior to the virus outbreak, restrictions imposed at the start of the lockdown period prompted the closure of Antler’s retail and wholesale outlets, while the impact on international travel has also significantly affected sales.”
He added: “We will continue to trade the business via its online channels while we assess options for this iconic brand and invite any interested parties to make contact with us.”