Fashion retailer Joy on brink of collapse for third time

Joy has filed notice of intention to appoint administrators

Joy, the fashion and accessories specialist, looks likely to plunge into administration and become the first retail collapse after Christmas.

Joy has filed notice of its intention to appoint administrators, the Sunday Times reported. It would be Joy’s third collapse, coming just two years after it was acquired out of insolvency in a pre-pack deal by its founders.

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