This ad will be closed automatically in X seconds.

Smiffys files notice of intention to appoint administrators

The company has issued a statement explaining the situation.


The statement said:
“Following four extremely challenging years as a result of the pandemic, the subsequent supply chain crisis, and the ongoing inflationary burden on both businesses and consumers, Smiffys was required to take the difficult decision yesterday to file a notice of intention to appoint administrators.

“This does not mean the company is in administration; rather, this allows Smiffys to explore a number of potential options, with the ultimate aim of securing a sustainable business for the future.

“Smiffys will continue to trade and fulfil orders as normal during this time, and we would like to take this opportunity to thank our talented Smiffys team and loyal customers for their ongoing support.”

Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter and @licensing_source on Instagram.

MORE NEWS
ElphabaandGlinda500x500
 
The eagerly anticipated Wicked soared to a bumper opening weekend at the worldwide box office for Universal, notching up $164 million....
H&AMoana500x500
 
H&A has teamed up with Disney to create a collection of health and beauty gifts to coincide with the release of the eagerly awaited Moana 2....
Moominafternoontea500x500
 
Moomin Characters and Moomin Arabia are partnering with EL&N to bring the first official Moomin afternoon tea to the UK this festive season....
Oasistour25500x500
 
WMX will look to provide a compelling merchandise offering on and around next year's highly-anticipated stadium shows, which will include pop-up stores, fan experiences, exclusive brand collaborations and event merchandise....
LIExcellenceAwards25500x500
 
The Licensing International Excellence Awards will take place on 19 May 2025, kicking off Licensing Expo in Las Vegas....
CareBearsKato500x500
 
Global brand distributor, Unisnacks is launching the first ever UK beverage for Cloudco Entertainment's Care Bears property....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.