Brexit woes force menswear supplier into administration

BK Plus has been revealed as the administrator for stricken Derbyshire supplier of menswear.

The move follows on from exclusively revealing that Riddings-based Morrison McConnell were set to appoint administrators.

Richard Tonks and Kim Richards of BK Plus have named as administrators for the company, which has been a prominent supplier of menswear, including the Viyella heritage brand, to independent shops across the UK and Europe.

A statement from BK Plus said: “In response to evolving retail trends and the increasing shift towards online purchasing, Morrison McConnell Limited made significant investments in new websites. However, the company has faced considerable challenges due to Brexit, with import duties on EU sales and increased freight and container costs leading many customers, both wholesale and direct-to-consumer, to seek alternatives.”

The administrators are continuing to trade the company while actively seeking a buyer, following initial marketing efforts in early May. Currently, Morrison McConnell employs four members of staff, following two redundancies made immediately after the appointment of the administrators.