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UK clothing retailer at risk of closing after 12 years having entered administration
A clearance sale is running as the retailer faces closure after administrators said it could not meet debts and other liabilities.
- On July 8, joint administrators Stuart Kelly and Claire Harsley from Mackay Goodwin Limited took control of Activewear Group Ltd after the affordable activewear retailer entered administration, triggering a clearance sale on its website.
- Financial strain mounted after Activewear Group registered a secured charge with Companies House in June, weeks before entering administration as the company proved unable to meet its financial obligations and debts.
- Under the Insolvency Act 1986, administration aims to rescue viable businesses facing cashflow problems, providing a statutory moratorium that gives companies "breathing space" for restructuring free from creditor enforcement actions.
- The company continues trading under administrator control while pursuing three possible outcomes: rescue and return to directors, liquidation, or dissolution, maintaining relationships with leading brands and UK wholesalers.
- Activewear Group's administration reflects a broader 2026 UK high street crisis where LK Bennett, Claire's, and Quiz closed entirely, though Bodycare and Evans returned and new openings from Aldi, M&S, and Superdrug signal recovery.
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15 Articles
15 Articles
South Wales Argus+10 Reposted by 10 other sources
UK clothing retailer at risk of closing after 12 years having entered administration
UK clothing and fashion retailer, Activewear Group Ltd, is at risk of closing after 12 years in business, having fallen into administration.
·Newport, United Kingdom
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Total News Sources15
Leaning Left1Leaning Right0Center14Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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