Majorette in administration - ToyNews

Majorette in administration

19 months after it was bought by an investment company, the French firm slips into administration.
Author:
Publish date:
Social count:
0
5_Pocoyo.jpg

Financial group MI-29 bought the toy car manufacturer from Smoby, with the hope to turn the business around.

However, the business has recently been put into administration after the resurrection attempts failed to make the business profitable again. MI-29 now has two months to make itself known with the administrator.

The company's 73 staff now face losing their jobs.

Related

5_Pocoyo.jpg

Humbrol: administrators go in

Having suffered trading losses for several years, Humbrol Ltd, the owner of the famous Airfix modelling brand, has appointed Grant Thornton has its administrator.

5_Pocoyo.jpg

Woolies returns online

Woolworths has returned as an online business today, six months after the High Street retailer?s administration.

Featured Jobs

Gameplan Job Logo 620 x 349

Sales Director UK

Our client is a well established privately owned UK toy manufacturer which has won numerous awards for outstandingly innovative toys, gifts and gadgets. A correspondingly outstanding and talented UK Sales Director is to be recruited who has the potential, the will, the drive and the ambition to advance to a higher position within a few years.

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.

Melissa and Doug Job Logo 620 x 349

Operations Planner

Imagine working for a company with a mission you can truly believe in, a playful and energetic culture, a talented team and a bright future! Melissa & Doug, the toy company committed to nurturing childhood wonder, is looking for an Operations Planner to coordinate the demand planning and supply between European markets and the US.