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Radley brand and group entities enter administration as FTI Consulting takes control

Radley handbag brand enters administration on 26 May 2026 with FTI Consulting appointed. Gordon Brothers acquires brand IP. Stores and concessions continue to September 2026.

By Published Source: The London Gazette

Information for general guidance, drawn from the public record. Not legal, financial, or insolvency advice. If you are affected by an insolvency, consult a licensed practitioner or qualified solicitor.

Street View image of 3rd Floor 33 Cavendish Square, W1G 0PW, London, the registered office of Radley
Street View image of the registered office. © Google.

British handbag and accessories brand Radley has entered administration, with FTI Consulting LLP appointed as joint administrators across three group companies on 26 May 2026. The High Court of Justice Business and Property Courts in Leeds made simultaneous orders covering Radley + Co. Limited, Laddie Midco Limited, and Laddie Bidco Limited — the brand's principal trading company and both of its holding vehicles.

Gordon Brothers acquires brand and intellectual property

US asset management firm Gordon Brothers acquired Radley's brand and intellectual property on the date of appointment. The deal preserves the Radley name and its Scottie dog motif as the administration unfolds, with retail operations expected to continue until September 2026.

The operating business of Radley London — which included two high street stores, 18 outlet stores, 36 concessions and a direct-to-consumer website serving 17 countries — did not form part of the transaction, according to a statement from FTI Consulting.

Gordon Brothers specialises in acquiring and managing distressed consumer brands, with a portfolio spanning fashion, footwear, and accessories. Its involvement signals an intention to continue or licence the Radley brand beyond the immediate administration period rather than pursue a simple wind-down.

Three group entities enter administration simultaneously

The administration spans three related companies, each the subject of a separate High Court order filed in Leeds on 26 May 2026:

All three appointments were made on the same day, reflecting a co-ordinated group-level insolvency process rather than a cascading series of individual failures.

Administrators appointed

Lindsay Hallam (IP number 28672) and Christopher Jon Bennett (IP number 28050) of FTI Consulting LLP are joint administrators across all three entities. Andrew James Johnson (IP number 17670) serves as third joint administrator on Laddie Bidco Limited and Laddie Midco Limited. Matthew Boyd Callaghan (IP number 14630) is third joint administrator on Radley + Co. Limited.

Creditors and other interested parties should direct enquiries to Sakshi Singh at FTI Consulting: Sakshi.Singh@fticonsulting.com.

Secured creditors

Two lenders hold registered charges across the group:

Director changes before administration

Neil Duncan Cooper remains sole director of all three entities. Nicholas James Vance resigned from the boards of all three companies on 22 May 2026 — four days before the administration appointment — following tenures as co-director alongside Cooper.

About Radley

Radley is a British accessories brand founded in London in 1998, best known for leather handbags retailed through its own stores, major department store concessions, and online channels. Its product categories include handbags, watches, jewellery, eyewear and beauty gifting. The brand is closely associated with its Scottie dog motif and positioned in the affordable-luxury segment of the UK accessories market.

At the time of administration, the group operated two high street stores and 18 outlet stores across the United Kingdom, alongside 36 concessions in department stores including John Lewis and Marks & Spencer, and a website serving customers in 17 countries.

Common questions

Are you owed money by Radley + Co. Limited?

You are an unsecured creditor unless you hold a registered charge or retention of title. The administrators will write to known creditors in due course with a proof-of-debt form and timetable for the first meeting. Until that letter arrives, no formal action is required from you. Read more about proof of debt and where you sit in the creditor hierarchy.

Did you work at Radley + Co. Limited?

Wages owed up to a statutory cap, holiday pay, notice pay and redundancy may be claimable from the Redundancy Payments Service if the company is unable to pay. The administrators will normally coordinate the RP1 claim with the affected staff. See gov.uk: your rights if your employer is insolvent.

Do you hold a deposit, gift card or undelivered order from Radley + Co. Limited?

Customers with paid-but-undelivered orders, gift cards or deposits typically rank as unsecured creditors. Where you paid by credit card and the amount was over £100, Section 75 of the Consumer Credit Act 1974 may let you claim from the card issuer for breach of contract or misrepresentation by the supplier; the rules apply per item, not per transaction, and the card must be a regulated credit card. Debit-card payments may be recoverable via chargeback.

Are you a director of a company connected to Radley + Co. Limited?

Watch for Section 216 of the Insolvency Act 1986 if you intend to keep trading under a similar name in a successor company. The rule prohibits a director of a liquidated company from being involved in another company using the same or a similar name for five years, unless one of the statutory exceptions applies. Read more about Section 216.

Sources

Last reviewed by James Waterton on .

AI-drafted (Anthropic Claude Sonnet 4.6) from The London Gazette and Companies House records, then human-reviewed by James Waterton before publication. See our methodology and editorial standards.

Sourced from official UK records under the Open Government Licence. Information for general guidance, not legal advice.

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