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Zavvi goes bust
On Christmas Eve, when entertainment retailers should be raking it in, Zavvi has entered administration, putting 3,400 jobs at risk. The proximate cause is the collapse of EUK. Zavvi is believed to have owed the distributor (owned...
- Posted 16 years ago
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Entertainment UK to close
Entertainment UK (usually known as EUK) is no longer being seeking buyers as a going concern and will be closed, according to administrators Deloitte. 700 staff have been made redundant immediately, with 375 staff retained. The decision...
- Posted 16 years ago