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On April 4, the future of embattled surfwear etailer Surfstitch could be decided.

Administrators from FTI consulting have confirmed a second meeting of creditors will take place on April 4.

"At the second creditors' meeting, the creditors will determine the future of the companies and outcome of voluntary administrations," a statement said.

Administrators John Park, Quentin Olde and Joseph Hansell said it would be in the creditors interest to consider a proposal from eCommerce player Ezibuy Holdings.

It is claimed the proposal will offer the best return for creditors and see it acquired by Ezibuy parent company, Alceon.

Alceon is the owner of Noni B, which staged a meteoric comeback in its last financial reporting period.

Ezibuy is the second player to put forward an offer for Surfstitch.

It follows a proposal from non-executive director Abigail Cheadle in September last year, conditional on settlement of class actions against the company and swapping debt for equity from major creditors.

Surfstitch appointed adminstrators in August, 2017.

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