Why is Studio not taking new orders? Online homeware retailer set to enter administration

Why is Studio not taking new orders? Online homeware retailer set to enter administration

Online retailer Studio has gone into administration, with up to 1,000 jobs now in jeopardy and potentially leaving many of its customers out of pocket. The company – one-third of which is owned by Sports Direct tycoon Mike Ashley via his Frasers Group – announced this week that it would appoint administrators, having failed to … Read more

Jobs at risk and orders delayed as online retailer Studio goes into administration

Jobs at risk and orders delayed as online retailer Studio goes into administration

As many as 1,000 jobs could be at risk at an online retail company as it confirmed it had been called in administrators. Studio made the move after it failed to secure a £25 million rescue loan. Studio Retail Group, which is a third owned by Sports Direct boss Mike Ashley, has filed a notice … Read more