Blair Nimmo and Alistair McAlinden of KPMG UK LLP were appointed as Joint Administrators of Watt Brothers (Glasgow and Edinburgh) Limited on Friday 18th October 2019.
Watt Brothers flagship store on Sauchiehall Street in Glasgow remains open and has now been stocked to capacity with items from the Watt Brothers’ ten leasehold stores which closed immediately following the appointment of administrators.
While the Joint Administrators are still in discussions with parties who have shown an interest in acquiring the business and trading is expected to continue into December, in order to clear the significant amount of remaining stock, all lines have now been reduced by up to 20%.
We look forward to giving our customers a warm welcome as normal.
For further information regarding the Administration, please visit https://www.insolvency-kpmg.co.uk/case+KPMG+WJA1140428.html