Shuropody Retail Limited – administration

Shuropody Retail Limited, a high street shoe and podiatry retailer, entered administration on 7 December, citing the legacy of Covid as causing the company’s financial challenges. Gareth Harris and Lee Lockwood of RSM were appointed joint administrators. Immediately on their appointment, the joint administrators secured the sale of the business and assets of the company to a subsidiary of investment firm Baaj Capital LLP via a pre-pack sale, saving over 260 jobs and all of the company’s 39 stores. The joint administrators were advised by Matthew Brown, Liz Russell and Niall Crossley of Gateley Legal. Fcfm Group Limited has a registered charge against the company.