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Subject: Hein Gericke enters administration

Author: MotobkeBob

[ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 06:43:09 08/03/12 Fri The UK arm of major motorcycle clothing retailer Hein Gericke has entered into administration. Hein Gericke has 49 UK stores, employing around 200 staff. A statement on the company's UK website said the group was "saddened" by the administration but added the future of the UK operation is being "determined and hopefully secured". Simon Thomas, joint administrator at Moorfield Corporate Recovery said "Whilst the ongoing economic pressures have affected sales in recent years I am confident the business model has a lot of potential with a dedicated customer base and staff who are obviously passionate about working for the company." Interested parties have until 6th August to contact the administrator. (On a personal note, I truly hope the business finds a buyer. I have always found the staff in Hein Gericke to be helpful, knowledgeable about their products and care about their customers.) [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject	Author	Date
Buyer found for Hein Gericke	MotobkeBob	08:57:58 08/25/12 Sat
Hein Gericke UK rescued by parent group -- MotobkeBob, 04:35:21 09/14/12 Fri