Jan 5 2009
Bill Dawson and Ian Brown of Deloitte LLP, the business advisory firm, have been appointed Joint Administrators to Passion for Perfume Limited.

The retailer operates from 45 stores across the country and has a head office in Manchester. The company directors have been seeking a buyer for the business whilst working closely with key stakeholders in order to achieve an optimal resolution for all parties. This follows challenging trading conditions and reduced consumer demand. Unfortunately, a buyer for the business as a whole was not found.

Regrettably, it was necessary for the Company to make 185 redundancies across all 45 stores and 9 redundancies at the Manchester head office on 31 December 2008. The Joint Administrators were appointed on 5 January and it is their understanding that all staff made redundant had their wages paid in full prior to the appointment of Administrators.

Bill Dawson, reorganisation services partner at Deloitte, commented: “We will continue to seek a buyer for the business and assets of the Company but do not intend to trade the business.”