StockMarketWire.com - Online fashion retailer Koovs said it had appointed administrators after largest shareholder Future Lifestyle Fashions failed to invest a planned £6.5m in the company.

Koovs said it expected its business to be purchased from the administrator by a company connected to creditor Waheed Alli, ensuring the continuation of operations.


At 2:01pm: [LON:KOOV] Koovs Plc Ord 1p share price was +0.05p at 3.2p



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