Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
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By Mike Wackett
As reported in The Loadstar yesterday, after surviving for 126 years, The Charles Gee Group has, in cold accounting terms, “entered administration” after experiencing “acute cash flow problems” in its business.
The UK-based shipping and transport group, founded in 1887 by Charles Edwin Gee and now employing around 250 staff countrywide, is, according to its administrator FRP Advisory LLP, “actively engaged with customers and suppliers to assess the viability of the company and several of the Charles Gee subsidiaries” – in ...
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