Gandys enters administration after funding withdrawal

Gandys International Limited, a UK-based lifestyle and apparel brand, entered administration on 7 April 2026, with Lee De’ath and Tom Gardiner of BTG appointed as joint administrators, following a “sudden withdrawal of funding” that left the business unable to continue trading.

The company, founded in 2012 by brothers Rob Forkan and Paul Forkan, began as a flip-flop brand before expanding into a broader lifestyle offering, including travel-inspired clothing, bags, and accessories. Gandys developed a strong brand identity tied to its founding story and philanthropic mission, with a portion of profits historically directed to the Gandys Foundation, which funds the construction of schools in developing regions.

The business operated primarily through its e-commerce platform, supplemented by a standalone retail store in Covent Garden, London, which opened in October 2024 as part of a push into physical retail. The brand’s products have been worn by figures such as Prince William and Richard Branson.

The administration follows the filing of a notice of intention to appoint administrators on 25 March, amid mounting liquidity pressure triggered by the abrupt withdrawal of financial backing. The loss of funding appears to have curtailed the company’s ability to sustain operations, despite its relatively modest scale, with approximately 15 employees as of 2025.

Immediately following the appointment, Gandys launched a closing-down sale across its online and retail channels, offering discounts of up to 75% as part of an effort to realise inventory. The company’s website confirms that trading is continuing on a clearance basis while stock remains available.

The joint administrators are expected to assess options for the business and its assets, including a potential sale or orderly wind-down, as they seek to maximise returns for creditors.