Paperchase set for administration, Permira holds the debt

AdobeStock_loan_agreement_575x375_25June2020
By Silas Brown
06 Jan 2021

UK stationery retailer Paperchase has submitted a notice of intent to appoint administrators, as it struggles to cope with the effects of lockdowns and disruption to Christmas sales.

Paperchase is set to become the latest in a string of UK retailers to fall into difficulty during the pandemic, after Arcadia Group and Debenhams among others went into administration. 

The company was particularly hard hit during 2020, as many of its 127 shops are in train stations and ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial