03-02-2020 12:39 via retailgazette.co.uk

Soak scrambles to find rescuer to avoid administration

// Soak is seeking for a rescuer to avoid the company from collapsing
// The news follows Soak’s attempt in appointing accountancy firm BDO in December
// Soak saw annual sales of £43m, down from just over £70m for the year ending in July 2018Soak is reportedly scurrying to find a rescuer before its deadline this week in a bid to avoid administration.
The bathroom retailer has lined up restructuring and insolvency specialist Leonard Curtis to seek a buyer, The Telegraph re
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