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Basler UK formally enters administration

The UK arm of upmarket retailer Basler has officially entered insolvency procedures, throwing the future of its employees into uncertainty. Arron Kendall and Simon Thomas, partners at Moorfields Advisory, were appointed joint administrators of Basler UK arm today. Basler UK is a subsidiary of the Basler Fashion Group, which is headquartered in Goldbach, Germany, and also operates in the US, Australia and throughout Europe

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