August 2011
GCW were appointed by Zolfo Cooper on Jane Norman Realisations Ltd, the largest fashion administration of 2011. This marked GCW’s fourth appointment this year following on the successful disposal of a number of stores from the demise of British Bookshops Sussex Stationers.
GCW completed a pre-administration report on Jane Norman’s retail property assets and was then appointed by administrators Zolfo Cooper to undertake disposal of the properties. A substantial number of stores were taken by Edinburgh Woollen Mill and GCW marketed the remaining 30 stores in a very tight timeframe achieving substantial premium and surrender offers in excess of £100,000.
In addition to GCW’s work for administrators they are increasingly being consulted on for advice on restructuring and by those looking invest in retail businesses.