With its business and assets offered for sale by Leonard Curtis and with the closing date for offers of November 23rd now past, it is understood that the retailer has filed for administration. The £9m sales business operates from a chain of 14 outlets and sells online. It had been hit by the withdrawal of support from its primary investors. A statement from Fishing Republic explained “It has not been possible to raise sufficient equity or other funding for immediate and future working capital requirements.
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