Christopher Kane Limited - administration

Christopher Kane Limited, a Scottish fashion brand which boasts famous fans including Anna Wintour and Alexa Chung, has filed a notice of intention to appoint FTS Recovery as administrators. The company said it did so in order to give it time to secure a rescue plan, which may involve a refinancing or a new buyer. A period of accelerated marketing activity will now follow. Ultimate Finance Limited has a registered charge against the company.