Just Hype Limited - administration

Just Hype Limited, a Leicester streetwear fashion brand, entered administration on 31 March, after being adversely impacted by the COVID-19 pandemic and the cost of living crisis. Shortly following their appointment as Joint Administrators, Carl Jackson and Kelly Mitchell of Quantuma Advisory completed a sale of the business and its assets, together with sister company Toatee Limited, to Lux360 Limited, which has a registered charge against the company, and JHB2C Ltd, saving 82 jobs.