Irwin Mitchell Restructuring team is advising KPMG
Law firm Irwin Mitchell is advising KPMG’s Restructuring practice after Will Wright and Steve Absolom were appointed Joint Administrators to the fashion label House of Holland Limited.
Based in London, the company which was founded in 2006 by designer Henry Holland employed seven members of staff.
Late last month Henry Holland announced he was stepping back as creative director of the business, which mainly trades online and via department stores and wholesalers, while an investment partner was sought to take the business forward.
Will Wright, partner at KPMG and Joint Administrator, said: “House of Holland rose to prominence as a forward-thinking British label, with its signature slogan t-shirts and collaborations with a number of high street brands. However, with apparel experiencing the same difficult trading pressures as others across the UK retail market, the company needed to raise additional investment in order for it to continue.
“We will endeavour to trade the business via the House of Holland website in the weeks ahead, as we look to secure new investment and protect the future of the brand.”
Rebecca Walker is leading the team which is advising KPMG.
Interested parties are invited to contact Isabel Hunt at KPMG on 0207 311 8290.