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Feb 25, 2022 · Studio Retail Group bought out of administration for £26.8m. 25 February 2022. Accrington-based Studio Retail Group appointed administrators after it failed to secure a £25m loan. An...
- New Orders Can't Be Placed
- Some Orders Already Placed Are Still Being Processed and Delivered
- You Can Return Items You Don't Want as Normal - For Now
- You Should Continue to Make Repayments
You currently can't place any new orders on the Studio site, either to pay in full or via a Studio Pay credit account.
Studio has confirmed that all outstanding orders are being stored at its warehouse: 1. If you're a Studio Pay credit account customer- you will receive a confirmation email once your order is dispatched. If for whatever reason your order isn't able to be sent, Studio will credit your account. 1. If you pay in full at the checkout, ie you don't use ...
Studio says you can continue to return undamaged items you no longer want through its normal returns process, which can be found on its website. Though do bear in mind that if the company goes back into administration it may stop processing returns and refunds and your only option would then be to register as a creditor with no guarantee of getting...
For the time being, Studio has confirmed that shoppers who owe money on their Studio Pay account should continue to make repayments as planned to avoid a late payment fee of £12.
Accrington-based Studio Retail Group is bought by Mike Ashley's Frasers Group for £26.8m.
Mar 6, 2023 · The collapse into administration, which was officially confirmed on February 24, put 1,400 jobs at risk. A day later the news broke that Frasers Group had rescued Studio Retail in a £26.8m deal. The fallout. The next big headline to come out was the news that Studio Retail had owed more than £80m when it collapsed.
Feb 25, 2022 · Studio Retail group has been bought out of administration by Mike Ashley's Frasers Group in a £26.8m ($35.9m) deal that will save around 1,500 jobs. The online retailer, formerly known as...
Feb 14, 2022 · PA Wire. Henry Saker-Clark February 14, 2022. Studio Retail Group, which counts Mike Ashley’s Frasers Group as its biggest investor, is to hire administrators after failing to secure an...
