Centuries-old pottery firm Denby set to call in administrators
Almost 600 jobs could go amid higher cost of gas and labour and softening consumer demand Denby is set to call in administrators, putting the 217-year-old Derbyshire pottery at risk of closure with the loss of almost 600 jobs. The company, which was rescued from administration in 2009 by the restructuring experts Hilco and also owns the Burleigh brand, based in Stoke-on-Trent, is understood to have struggled with the surging cost of gas, higher labour costs, tighter financial markets and softeni
Almost 600 jobs could go amid higher cost of gas and labour and softening consumer demand
Denby has called in administrators, putting the 217-year-old Derbyshire pottery at risk of closure with the loss of almost 600 jobs.
The company, which was rescued from administration in 2009 by the restructuring experts Hilco and also owns the Burleigh brand, produced by Burgess and Leigh based in Stoke-on-Trent, is understood to have struggled with the surging cost of gas, higher labour costs, tighter financial markets and softening consumer demand for its premium homeware.Earlier this month, Sebastian Lazell, the chief executive of Denby, told BBC News he was “trying to move heaven and earth” to save the business.
Coverage from 1 source
Coverage by lean
- Unknown1
Comments
Sign in to join the discussion.
Sign in with SpryLogin