Will Wright and Steve Absolom from KPMG’s Restructuring practice were appointed Joint Administrators to House of Holland Limited, the fashion label founded in 2006 by designer Henry Holland, on 4 March 2020.
Based in London, the company employed 7 members of staff, and principally traded online and via department stores and wholesalers.
On 27 February 2020, Henry Holland announced he was to step back as creative director of the business, while an investment partner was sought to take the business forward.
Will Wright, partner at KPMG and Joint Administrator, said: “House of Holland rose to prominence as a forward-thinking British label, with its signature slogan t-shirts and collaborations with a number of high street brands. However, with apparel experiencing the same difficult trading pressures as others across the UK retail market, the company needed to raise additional investment in order for it to continue.
“We will endeavour to trade the business via the House of Holland website in the weeks ahead, as we look to secure new investment and protect the future of the brand.”
Interested parties are invited to contact Isabel Hunt at KPMG on 0207 311 8290.
For media enquiries only, please contact:
Tel: 0161 246 4623 / 07824 537963
KPMG Press Office: +44 (0)207 694 877
About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 17,600 partners and staff. The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.