Provisional liquidators appointed to Pamela Scott operators

The High Court has appointed provisional liquidators to two fashion retail companies that operated thirteen Pamela Scott stores across Ireland. Arzac Developments Ltd ran ten stores while Richard Alan & Co operated three, with outlets in locations including Sligo, Dublin, Limerick, Tralee and Cork. The firms, employing 104 people, sought winding up orders citing challenging market conditions, rising operating costs and the impact of the Covid-19 pandemic, which rendered them insolvent. Mr Justice David Keane appointed insolvency practitioners Eamonn Richardson and Ian Barrett of KPMG as joint provisional liquidators. The court heard the companies faced pressure from landlords, reduced footfall and changes to wage subsidy schemes. Both firms were dependent on their parent company, Flairline Fashion Ltd, for administrative and financial support, which was no longer available. The judge made the cases returnable to November.