Germany–based womenswear retailer and wholesaler Basler Fashion Gmbh went into self administration, following poor trading and a resulting lack of liquidity.
ERS was appointed as Agent to manage the retail/wholesale part of the business, including both Basler’s main brands (Basler and St Emile).
At the time of its administration, UK footwear retailer Brantano was operating from 135 stores.
Following a competitive tender process ERS was appointed by administrator PwC as Agent, prior to an accelerated M&A process being conducted.
Germany based clothing retailer Rudolf Wöhrl SE went into self-administration in October 2016, following a weak sales performance over the previous 12 months.
ERS was engaged by the company to clear stock and trade out a number of stores, firstly during self-administration and subsequently following its exit from that process.