Courts / Ireland / Report
Provisional liquidator appointed to fashion retailer Coast
Summary
The High Court on 11 October 2018 appointed Declan McDonald of PWC as provisional liquidator for Coast Stores Ireland Ltd, a fashion and accessories chain employing 99 staff across five stores and ten concession stands. Coast, part of the UK‑based Coast group, cited difficulties linked to its parent's collapse of House of Fraser and challenging market conditions as reasons for seeking liquidation. The court noted that the UK parent had entered a sales process, accelerated in recent months, and that Karen Millen had purchased Coast in the UK and expressed interest in the Irish concession stands. The appointment was made at the request of Kelley Smith Bl, with the board deciding to wind up the company. The judge adjourned the matter to November, allowing the liquidator to manage asset sales and ensure an orderly winding‑up, aiming to protect employees, creditors and suppliers.
Who, what, where, when and why
What: Report matter: Provisional liquidator appointed to fashion retailer Coast. Procedural stage: hearing_or_decision
When:
- 2018-10-11 Publication
Places mentioned
- The High Court
Topics
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