Centuries-old pottery firm Denby set to call in administrators
#Denby #pottery #administration #historic #financial distress #jobs #UK manufacturing
📌 Key Takeaways
- Denby, a historic pottery firm, is preparing to enter administration.
- The company has been operating for over two centuries.
- This move indicates severe financial distress for the brand.
- The administration process could impact jobs and production.
📖 Full Retelling
<p>Almost 600 jobs could go amid higher cost of gas and labour and softening consumer demand </p><p>Denby is set to call in administrators, putting the 217-year-old Derbyshire pottery at risk of closure with the loss of almost 600 jobs.</p><p>The company, which was rescued from administration in 2009 by the restructuring experts Hilco and also owns the Burleigh brand, based in Stoke-on-Trent, is understood to have struggled with the surging cost of gas, higher labo
🏷️ Themes
Business, Heritage
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Original Source
<p>Almost 600 jobs could go amid higher cost of gas and labour and softening consumer demand </p><p>Denby is set to call in administrators, putting the 217-year-old Derbyshire pottery at risk of closure with the loss of almost 600 jobs.</p><p>The company, which was rescued from administration in 2009 by the restructuring experts Hilco and also owns the Burleigh brand, based in Stoke-on-Trent, is understood to have struggled with the surging cost of gas, higher labo
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