10 August 2020Press Releases
On 3 August 2020, Sandra Mundy and Tom Russell were appointed as joint administrators of Boardriders UK Limited (t/a Two Seasons).
The Company was incorporated on 24 September 2002 and is a wholly owned UK subsidiary of Billabong International Limited, an Australian company. The Company specialised in surf, snow and skate clothing and apparel. The Company employed 155 employees principally in its 14 retail outlets and 11 staff across the warehouse and e-commerce team.
We are pleased to announce that we have sold part of the business and that the website operation continues under new management. This has preserved the jobs associated with this element of the company and offered the best deal available in the circumstances to the Creditors.
Sandra Mundy commented ‘The retail industry has been struggling to compete with online offerings for a while and the lockdown measures in response to C19 have accelerated the move to virtual shopping. The concerns are that consumer habits have changed more in the last 3 months than in the last three years and it will be interesting to see what appetite remains for the traditional retail experience in the future.’
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