All posts tagged: Denby Pottery

UK pottery giant collapses into administration – in business since 1809 | UK | News

UK pottery giant collapses into administration – in business since 1809 | UK | News

Manufacturing is to cease at renowned pottery firm Denby (Image: Getty) Manufacturing is to cease at renowned pottery firm Denby, and a further 49 workers have been made redundant, administrators have said. The decision means more than 100 jobs have now been lost at the historic company, which has been in business since 1809. Denby Pottery appointed administrators on March 31 after struggling with rising energy and labour costs and weaker consumer spending. Administrators from FRP Advisory said it had “not been possible to secure a buyer for the manufacturing operations” and that a “difficult decision to close the business’s making and design departments” had been made. READ MORE: Supermaket with 300 stores on brink of administration – merger ‘only chance’ READ MORE: UK haulage company collapses into liquidation Denby Pottery appointed administrators on March 31 (Image: Getty) Around 80 workers were laid off earlier this month, according to the BBC. The additional 49 redundancies take the total number of job losses to well over 100. Tony Wright, joint administrator of the Denby Group and …

Denby pottery firm on brink of administration – 217 years in business | UK | News

Denby pottery firm on brink of administration – 217 years in business | UK | News

A historic Derbyshire pottery firm has filed a notice of intention to appoint administrators. Denby Pottery Company said it’s been struggling with rising costs for years and has so far been unable to secure a suitable investment partner. The 217-year-old company was previously bought by investment firm Hilco Capital in 2009, saving it from going under. It has now filed a notice of intention to appoint administrators “as a precautionary measure” amid reduced demand, “escalating employment costs”, and “soaring” energy bills. Denby said these pressures had “squeezed the business financially” and it struggled to get funding due to “tighter financial markets”. A statement from the group said, as reportedly DerbyshireLive: “While Denby has explored a range of options, it has not yet been able to secure a strategic investment partner aligned with the long-term vision and values of its historic British brands much loved by their large global fan base. “The search for a suitable partner will continue whether for the Denby Group as a whole or for the brands individually.” The notice of intention …